Tertiary

The Tertiary Sector of Economy is related to Services which deals in production and consumption of intangible services to both public and private organizations. People engaged in this sector are called white-collar worker/jobs. The word Services has been derived from an English word “Serve” extracted from “Intransitive” means “To Render Service”. It may be divided into four categories as distributive services, producer services, personal services and social services industry.

Perimeter of Tertiary Sector

Distributive Services Industry

Transport and Storage, Communication, Whole Sale, Retail Trade, Tourism and Hospitality etc

Producer Services Industry

Financial Institutions

Personal Services Industry

Entertainment, Recreational, Ownership and Dwelling etc

Social Services Industry

Public Administration, Social Community and Private Sector etc