Definition, Meaning & Synonyms
tertiary-sector
noun
/ˈtɜːr.ʃi.er.i ˈsɛk.tər/
Definition
The tertiary sector refers to the part of the economy that provides services rather than goods.
Examples
- The tertiary sector has seen significant growth in recent years, contributing to job creation.
- Many economies today are primarily driven by the tertiary sector.
- Jobs in the tertiary sector include roles in teaching, nursing, and banking.
Meaning
It encompasses a wide range of activities including retail, entertainment, healthcare, finance, and education, focusing on services that support the primary and secondary sectors.
Synonyms
- service sector
- tertiary industry
- services