- Services that can be provided to humans are called 'tertiary services'.
- Even in developing countries, the service sector is growing faster than the manufacturing sector.
- The features of this type of service are as follows:
(1) These services relate to health, welfare, education, space, recreation, trade, transport, telecommunications and commerce.
(2) These services are important for the economic development of the nation.
(3) Commercial services increase the productivity and capacity of companies.
(4) Where there is a developed economy, the demand for service based activities is higher.
- Employment in the service sector in such countries is steadily increasing.
(5) Carpenters, doctors, lawyers, plumbers, cooks, teachers, etc. are engaged in service activities.
(6) Many people from the villages have come to the cities and started working in service activities in the informal sector, but they are paid very little.
(7) The growing importance of services has a prominent place in the field of manufacturing economy. Services have also gained its place in exports.
(8) In most of the countries of the world, primary activities are followed by secondary activities and then tertiary, fourth and fifth service activities.
(9) In the framework of new types of industries, some tertiary services are being developed keeping in view the needs like advertising and marketing.