The tertiary sector is the part of the economy that provides services to businesses and consumers rather than producing goods. This sector encompasses a wide range of activities, including retail, healthcare, education, finance, and hospitality, playing a crucial role in supporting both production and consumption. As economies develop, the significance of the tertiary sector tends to grow, reflecting shifts in labor and economic structure towards service-oriented activities.
congrats on reading the definition of tertiary sector. now let's actually learn it.