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Tertiary Sector

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Definition: Tertiary sector means literally, 'third sector'. Per Landes, 1969/1993, p 9, refers to the "administrative and service sector of the economy".

In context of Williamson and Lindert, 1980, p 172, is defined more specifically to be the sector of production outside of agriculture and industry, and includes construction, trade, finance, real estate, private services, government, and sometimes transportation.

(Econterms)

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