Which of the following sectors includes services such as education, healthcare and banking?
ASecondary sector
BTertiary sector
CQuaternary sector
DPrimary sector
ASecondary sector
BTertiary sector
CQuaternary sector
DPrimary sector
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Production of intangible goods like advice, experience, and attention.
Heavy reliance on human skill, interaction, and knowledge.
Ability to be physically stored and transferred like tangible goods.
Contribution to productivity and sustainability of other sectors.
Kerala followed the traditional structural growth model where industry boomed before services.
In Kerala, the service sector leads growth, with industry lagging behind.
Kerala’s growth is marked by a dual structure—simultaneously driving development and inequality.