prelim

When development in Economy takes place, the share of tertiary sector in National Income:

Verified Answer
A. Increases
B. Declines
C. Remains constant
D. First rises and then falls

Explanation:

As an economy develops, there is a structural shift from primary (agriculture) to secondary (industry) and then to tertiary (services) sectors. The tertiary sector's share in national income typically increases significantly in developed economies.