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The rise of the service sector has benefited some Americans by creating new job opportunities, particularly in areas like healthcare, technology, and hospitality, leading to increased employment and economic growth. However, it has also harmed others, particularly those in manufacturing and low-skill jobs, as many of these positions were outsourced or automated, leading to job displacement and wage stagnation. Additionally, the growth of gig economy jobs often lacks benefits and job security, further exacerbating economic inequality. Overall, the shift has created a divide between those who can adapt to the changing job landscape and those who struggle to keep up.
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What economic activity employs the most people in both us and Canada?
The service sector employs about three quarters of Canada's working population. In the United States, the figure is similar, as about 80 percent of working Americans are in the service sector.
What is a tertiary industrial sector?
The tertiary sector of the economy,also known as the service sector or the service industry.can be defined as one of the three economic sectors. The others being the secondary sector,approximately the same as manufacturing, and the primary sector,agriculture, fishing, and extraction such as mining.
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
Why oxfam is in tertiary sector?
it is in the tertiary sector, which is also known as the service sector, as it is offering a service to everyone!
What is the contribution of service sector to the GDP of India?
The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.
What economic activity employs the most people in both us and Canada?
The service sector employs about three quarters of Canada's working population. In the United States, the figure is similar, as about 80 percent of working Americans are in the service sector.
What is a tertiary industrial sector?
The tertiary sector of the economy,also known as the service sector or the service industry.can be defined as one of the three economic sectors. The others being the secondary sector,approximately the same as manufacturing, and the primary sector,agriculture, fishing, and extraction such as mining.
What can public sector and private sector learn from each other?
The public sector can learn efficiency and innovation from the private sector, while the private sector can learn about accountability and transparency from the public sector. Both sectors can benefit from sharing best practices in areas such as customer service and resource management.
What do the highest secondary sector benefit and loss from?
The highest secondary sector benefit is income distribution and loss from lack of market.
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
Why oxfam is in tertiary sector?
it is in the tertiary sector, which is also known as the service sector, as it is offering a service to everyone!
How manufacturing sector differ from service sector?
Manufacturing is one where in production process service orientations is done where in service sector is to completely to serve with service and no production involved in this process.
Internet banking comes under which sector?
service sector (tertiary sector)
What is Difference between service sector and non service sector?
Service sector implies providing the service directly to the end user/customer and would include employment such as waiter/waitress or taxi driver. Non-service sector would include assembly line worker or farmer.
What is the contribution of service sector to the GDP of India?
The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.
Is retail sector coming under service sector or not?
RETAIL sector comprise of sales of goods or services to the end user. as such it is a service sector which connotes a service function in terms of distributing goods and services to end-user.
Which sector contributes maximum for indian gdp?
service
