13 Explain how the development of the internet has led to growth in the tertiary sector.

Ch 2 Business structure
Ayaan Fayaaz
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Ayaan Fayaaz »

[KN] The internet has created new service industries and expanded existing ones.

[APP] For example, companies like Amazon provide online retail services, while banks offer online banking.

[AN] This growth in online services has increased employment and revenue in the tertiary sector, making it the dominant part of developed economies.
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KN:1/1
APP:1/1
AN:0/1 (1 Element miss)
Abdullah Altaf
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Abdullah Altaf »

[KN] Internet has helped the growth of freelancing services.
[APP] Since the internet provides a global platform, individuals can offer their skills and services to clients worldwide, such as writing, design, and IT support.
[AN] This has created numerous job opportunities, boosted income for freelancers, and expanded the range of services available, thereby contributing to the growth of the tertiary sector.
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Abdullah Baig
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Abdullah Baig »

Kn
The development of the internet has led to growth in the tertiary sector by creating new service industries
App
For example platforms like Amazon or Daraz allow people to shop online.This creates a new retail service that did not exist before which increases demand for workers in areas like customer service delivery and IT leading to millions of new jobs in the service sector
An
In addition the internet has allowed traditional service businesses such as banking and education to expand online which has further boosted the tertiary sector
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Fatima ibtehaj
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Fatima ibtehaj »

[KN]Growth of IT and digital services.
[APP]The internet has helped to create new industries such as software development, online banking services etc
[AN]This can lead towards more job oppurtunities hence increasing employment levels leading towards an increase in variety of skilled labour and thus contributing to GDP.
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Aarib Saad
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Aarib Saad »

(KN)It has allowed people to provide services online.
(APP)For instance, freelancing websites like Guru and Fiverr makes it so people are able to find required services more easily by hiring freelancers online.
(AN)This in turn has given many people the opportunity to generate an income from home, increasing their purchasing power, which leads to an increase in consumption, increasing AD, thus boosting GDP of the country.
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abdurrehman waseem
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by abdurrehman waseem »

KN:Internet provides online platforms for communication, shipping and banking
APP:for example,companies like amazon and online banking offers service based employment
AN: Internet has created new industries (e commerce, IT support and digital marketing) boosting the size pf tertiary sector in many economies.
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AN>1 Internet has created new industries
AN.2 boosting the size pf tertiary sector in many economies.
AN>3 ?
areeshasaber
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by areeshasaber »

[kn] It has created new industries.
[app] For example, e-commerce management platforms like temu.
[an+] People can shop with ease, creates jobs and the prices are fair.
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Mahnoor satti
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Mahnoor satti »

[KN] Internet has helped tertiary b creating new services.
[APP] For instance, platform like Amazon or Daraz allow people all over the country to shop online.
[AN] Thus this creates more jobs which results in a fall in unemployment also makes people lifes easier as now they can get what they want without going out which could be time consuming.
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Naveen fatima
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Naveen fatima »

[KN]The internet has supported the growth of the tertiary sector by making it easier for businesses to provide services online.
[APP]For example, companies can now sell products through e-commerce websites, banks can offer online banking, and education can be provided through online learning platforms.
[AN]This means more people are using online shopping instead of visiting physical stores, customers find online banking faster and more convenient, and students can access learning from anywhere, which increases demand for services in these areas. Thus, the internet has directly expanded the size and importance of the tertiary sector.
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Wahaj Ashraf
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Wahaj Ashraf »

[KN] The internet allows businesses to offer services online, such as banking, retail, and entertainment, which are all part of the tertiary sector.
[APP]companies like Amazon have grown by selling products and services entirely online.
[AN] This growth in internet-based services creates more jobs in areas like delivery IT suppor and digital marketing which increases employment and expansion in the tertiary sector.
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Mamoona Hussain
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Mamoona Hussain »

KN: The development of internet led to tertiary sector''s has led to growth as it has introduced many new industries in the market.
APP: For instance, online stores like Amazon.
AN: As most of the population prefers to buy online than in person, the online systems grew rapidly, which created many job opportunities in the economy from a social media manager to a delivery person. Die to this, more people are able to earn stable incomes, which increases their purchasing powers, due to which their living standards improve, thus, encouraging more and more people to move to tertiary sector, causing rapid growth.
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Amina Rizwan
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Amina Rizwan »

[KN]development of the internet has led to growth in the tertiary sector as it has created new service industries
[APP] For example platforms like Amazon or Daraz allows people to shop online providing new retail service businesses
[AN]Hence this creates millions of jobs in the IT industry which helps decreases the rate of unemployment. Along with this people find it easier to shop online as well as to work which increases the demand for tertiary sector services resulting in more development of the economy.
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Dania
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by Dania »

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amaimatif
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by amaimatif »

The internet has led to growth in the tertiary sector by creating new service industries. For example, e-commerce platforms like Amazon or Daraz allow people to shop online, creating a whole new type of retail service. This has generated millions of jobs and expanded the services sector worldwide.
M huzaifa jillani
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Re: 13 Explain how the development of the internet has led to growth in the tertiary sector.

Post by M huzaifa jillani »

(KN)
The Internet has created many new services, like online shopping, banking and delivery apps.
(APP)
For example, business like amazon and online food delivery companies only exist because of the Internet.
(AN)
This means more jobs and businesses are in the tertiary sector, as people now spend more money on online services instead of only buying from shops.
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