tertiary industry

Definition

noun
an industry which does not produce raw materials or manufacture products but offers a service such as banking, retailing, or accountancy

Use tertiary industry in a sentence

It was a tertiary industry and that meant a few things like the fact that they offered services such as banking and retailing.

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The tertiary industry has booming these last two quarters due mainly in part to a boost in the economy and people have more to spend.

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As the economy began to collapse, the tertiary industry businesses began to struggle more and more, as consumers did not have as much capital to spend on services.

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