What is service sector in the Philippines?

What is Philippines service sector?

Economic Contribution and Growth Performance

Major Sector 1991-00 2010-14
Wholesale and Retail Trade 14.8 19.0
Transportation, Storage & Communication 6.1 7.4
Financing, Insurance, Real Estate & Business Services 2.3 4.7
Community, Social & Personal Services 18.6 21.3

What does service sector include?

Activities in the service sector include retail, banks, hotels, real estate, education, health, social work, computer services, recreation, media, communications, electricity, gas and water supply.

What are the types of service sector?

These include IT and ITeS, Tourism and Hospitality Services, Medical Value Travel, Transport and Logistics Services, Accounting and Finance Services, Audio Visual Services, Legal Services, Communication Services, Construction and Related Engineering Services, Environmental Services, Financial Services and Education …

What are the basic services in the Philippines?

Kilos SAMBAYANAN, or Kilos para sa Sampung Batayang Pangangailangan, is NAPC’s campaign for the fulfillment of the ’10 basic needs’ of the Filipino people: food and land reform; water; shelter; work; education; health; social protection; healthy environment; peace; and participation.

Who belongs to the service sector?

The service sector provides services, rather than producing material commodities. Activities in the service sector include retail, banks, hotels, real estate, education, health, social work, computer services, recreation, media, communications, electricity, gas and water supply.

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What are the 3 main sectors of economy?

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary).

What are the different sectors of the society?

The four sectors in American society are Government, For Profit or Business, the Nonprofit, and the Family. While we often think of these as separate entities, they are often inter- dependent.

What is an example of a service sector?

Examples of service sector jobs include housekeeping, tours, nursing, and teaching. By contrast, individuals employed in the industrial or manufacturing sectors produce tangible goods, such as cars, clothes, or equipment.

What is not included in service sector?

The service sector does not include “The Primary sector and The Secondary sector” The service sectors are taken as the aids to commerce due to nature to the services they provide. The service sector facilitates services like transportation, banking, warehousing, etc.

What are the examples of service industry?

The following are common examples of service industries.

  • Information Technology. Information technology is shifting away from products such as packaged software towards services such as software as a service.
  • Hospitality. …
  • Travel. …
  • Transportation. …
  • Media. …
  • Entertainment. …
  • Sports. …
  • Healthcare.