Question

Advantages and disadvantages of tertiary industries

Answer 1

Explanation:

Lower Startup Costs. One of the main advantages of the tertiary sector is that it has a much lower barrier to entry than starting a business that deals with physical products. For example, opening a manufacturing or retail business requires a large outlay of money that may take years to recoup.

Answer 2

More dependability on other country for goods. Trade deficit is increased because of more import and less export of goods. ... Long-term problems include inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, sizable trade and budget deficits.

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