service sector

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service sector

that part of the economy concerned with the provision of a wide variety of personal and business services: hairdressing and tourism, transport and retailing, banking and insurance, etc. The service sector together with the PRIMARY SECTOR and INDUSTRIAL SECTOR form an interlocking chain of economic activities that constitutes a modern economy.

See STRUCTURE OF INDUSTRY.

References in periodicals archive ?
That $38 million could have otherwise gone towards improving our schools, roads, and hospitals or on investing in our tertiary sector so that it remains genuinely world-class.
This Bloomberg index is based on seven criteria: innovation spending, manufacturing value added, the number of high technology companies, the productivity of scientific discoveries, the dynamism of the tertiary sector, the number of researchers and the patent registration index.
Growth was about 4 percent, but a recovery is expected in 2017-18, owing to strong agricultural production, an increase in public investment, and a buoyant tertiary sector.
The talk will centre on innovation and new trends that are being introduced to the tertiary sector.
1) Improving data for better EN workforce planning: The chief nursing officer was working with Nurse Education in the Tertiary Sector and the Nursing Council on better EN workforce data, to plan for a diverse workforce model that met patient needs.
Supporting the tertiary sector can involve qualified optometrists working alongside college students to provide much-needed outreach services in rural communities.
He hailed the wise leadership for its keenness on achieving welfare, enhancing the tertiary sector and fast-tracking national development momentum.
All industries in the tertiary sector recorded positive growth rates, with finance increasing by 2.
Companies in the tertiary sector grew at a faster rate than the ones in manufacturing during the past two years," says R.
lster's borrowers should be set for a boost from an interest rates drop after a sharp fall in activity in the tertiary sector.
It aims, according to him, to support the upgrading of tertiary sector in Tunisia through the improvement of service companies' competitiveness and business environment and building the capacity of structures governing the sector and professional organisations.
and in the tertiary sector such as teaching, medicine, accounts, law, consultancy, etc.