Question

Explain why service sectors going more important in the global economy?

Plz answer this question fastly as possible

Answer 1

The entire tertiary sector has not grown in importance because of the following reasons:

 Peculiarity of skills in the tertiary sector: Highly-educated and skilled professionals only

are able to get employment. Other engage themselves in low-paid jobs.

 High incomes: Higher incomes are available for the top-level administrative jobs only. Low-

paid jobs do not attract employment.

 No job security: Large number of workers are casual with irregular and low incomes barely

to sustain livelihoods.

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