Tertiärproduktion
Tertiärproduktion, often referred to as the service sector, encompasses economic activities that provide services rather than tangible goods. This sector is distinct from primary production (extraction of raw materials like agriculture and mining) and secondary production (manufacturing and construction). The tertiary sector plays a crucial role in modern economies by facilitating the production and consumption of goods and by directly meeting consumer needs.
Examples of tertiary production include a wide array of industries such as retail, wholesale trade, transportation,
The growth of the tertiary sector is a hallmark of economic development, often indicating a shift from