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Which sector has emerged as the largest producing sector over the past few years?

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a

Secondary sector

b

Primary sector

c

Tertiary sector

d

Government sector

answer is C.

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Detailed Solution

The tertiary sector has emerged as the largest producing sector over the past few years.
The development of globalisation has led to increased demand for certain new services like Information Technology, communication, etc. It has also employed various skilled and educated people, thus contributing to employment opportunities. Also, the income levels of the people have increased, which gives rise to the demand for several services. Currently, the tertiary sector contributes approximately 60% to the GDP.

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Which sector has emerged as the largest producing sector over the past few years?