Understanding the Tertiary Sector: A Comprehensive Guide
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TERTIARY SECTOR
The Growth of the Service Sector
The service sector encompasses a wide range of activities, including education, tourism, and more. In developed countries, it contributes significantly to both employment and wealth generation. The number of people employed in this sector has also increased in less developed countries. Developments such as globalization, economic changes, and increased trade have led many to speak of a "tertiary revolution."
The High-End Tertiary or Quaternary Sector
This sector includes activities related to technology and science, often requiring specialized training and offering high salaries.
The Low-End Tertiary Sector
This sector encompasses jobs that require minimal training and typically offer lower wages.... Continue reading "Understanding the Tertiary Sector: A Comprehensive Guide" »