Service sector is a part of _____________ of an economy.

Explanation

The correct answer is (B) tertiary sector. Explanation: The service sector is a part of the tertiary sector of an economy. The tertiary sector involves the provision of services rather than goods. This sector includes industries such as healthcare, education, finance, tourism, retail, entertainment, transportation, and communication. Information Booster: The tertiary sector is crucial for economic development as it supports the primary (extraction of raw materials) and secondary (manufacturing) sectors by providing essential services. In modern economies, the service sector has grown significantly, contributing to a large portion of GDP. Services are often intangible, and they create jobs in areas like banking, insurance, education, healthcare, and entertainment. Additional Information: A (primary sector) refers to the extraction of natural resources like agriculture, fishing, and mining. C (public sector) refers to government-owned entities and organizations, which can span across various sectors (primary, secondary, tertiary). D (secondary sector) is related to manufacturing and industry, where raw materials are processed into finished goods.