Question

"The modern economic development in the world is mainly the result of the
development of Quaternary Service." Explain the statement with suitable examples.

Answer 1

Answer:

* The modern economic development in the world is mainly result of Quaternary service*.

Quaternary services includes that type of jobs which provides high income and perks, and high income jobs like Employee in MNC's, CEO etc these are some example of quaternary services and development of this sector means high income which means economic developement.

Answer 2

The modern economic development in the world is mainly the result of the  development of Quaternary Service:

• Economic development means raising the living standard of the people from low- income to high- income.

• Quaternary service is the service based on pure knowledge and skill. In today's sophisticated twenty-first century, economic development serves as the main indicator for the country’s development.

• Most of the people involved in the economic sector are highly intellectual and intelligent people.

• It has the highest degree of income so many people are attracted in this field.

• Criteria to measure economic development are GDP, per capita income, infrastructure.

To know more:

Give reasons - Quaternary occupations are not commonly seen.

https://brainly.in/question/4392305

Describe quaternary services?​

https://brainly.in/question/8220310