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The economic sector is crucial for a developed country as it drives growth, innovation, and job creation. A diversified economy with strong primary, secondary, and tertiary sectors enhances resilience against market fluctuations and global competition. Furthermore, the performance of these sectors contributes to government revenues, enabling investment in infrastructure, education, and healthcare, which are essential for sustained development. Ultimately, a robust economic sector improves the overall quality of life for citizens.
What else can I help you with?
What is a Tourism sector?
Tourism sector is a very important sector of each country. Each country should maintain their tourism spots neat and clean.
Which type of economic activity has grown more important in modern economies in recent years?
Tertiary economic activity has grown more important in recent years. Tertiary economic activity is the economic activity of the service sector.
What are the roles of formal sector in economic development?
the roles is helping the people in the community bto develop oneself rather contributing poverty in the society
What is the base for a country to be classified into construction sector manufacturing sector and service sector?
I would put it this way: Construction sector. This would mean a country that undertakes to spin it economy from construction of buildings,bridges,infra structures for its economic development and per capita income. manufacturing sector. This would mean a country that relies on manufacturing for export and derives its income from such exports. service sector. this would mean a country that derives its per capita income from services rendered localy.
What economic sector does teaching belong to and why?
tertiary sector
What is Main sector of economic in Cambodia?
the main sectors in Cambodia is the sector that develop economy in cambodia
What is a Tourism sector?
Tourism sector is a very important sector of each country. Each country should maintain their tourism spots neat and clean.
Which type of economic activity has grown more important in modern economies in recent years?
Tertiary economic activity has grown more important in recent years. Tertiary economic activity is the economic activity of the service sector.
What are the roles of formal sector in economic development?
the roles is helping the people in the community bto develop oneself rather contributing poverty in the society
What is the base for a country to be classified into construction sector manufacturing sector and service sector?
I would put it this way: Construction sector. This would mean a country that undertakes to spin it economy from construction of buildings,bridges,infra structures for its economic development and per capita income. manufacturing sector. This would mean a country that relies on manufacturing for export and derives its income from such exports. service sector. this would mean a country that derives its per capita income from services rendered localy.
What engineering sector is very important for the development of a given country?
civil engineering
What economic sector does teaching belong to and why?
tertiary sector
What are the 4 primary economic models?
the four economic models are as follows: two sector models three sector model four sector model five sector model
Why are zoos and nature reserves important for south africa?
The zoos and nature reserves are important for South Africa. This is the main backbone of the tourism sector which serves as an economic gain for the country.
Flow chart of 3 economic sectors?
Primary sector secondary sector tertiary sector
Why are ships so important?
The maritime sector is essential to modern societies. It is important in economic development and it is a source of excellent employment in sea related activities.
What is the Tourism sector?
Tourism is defined as the activities of a person who travel and stay in places outside their usual environment for more than 24 hours. Each country consider tourism as an important sector of their country.
