What are the disadvantages of the Tertiary sector?
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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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Advantages of tertiary sector :-
- more dependability on other countries for good
- more skilled employees and workers are required
- manufacturing jobs have been lost to outsourcing of products
- trade deficit is increased because of more import and export of goods
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