The Global Service Economy: Structure and Growth Drivers
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The Tertiary Sector: Definition and Scope
The tertiary sector is the economic sector that includes activities that do not produce tangible goods, but provide services to the population.
Superior (Quaternary) Activities
These activities are related to high technology and science, often involving specialized knowledge (e.g., business management, research, and development).
Banal Activities (Low-Skill Services)
This sub-sector is devoted to jobs that require little academic preparation and are usually poorly paid.
Drivers of Tertiary Sector Growth and Social Change
- Increased Life Expectancy: Leading to greater demand for elderly or dependent care services.
- Inclusion of Women in the Workforce: Increasing demand for services previously performed domestically