what is effect of rising per capita income on service sector?
Answers
Answered by
1
Answer:
key factor behind tertiarisation is improved labour productivity. Better technology and improved labour productivity have enabled a higher output of manufactured goods and agriculture with less labour. This increased productivity has led to: Increased incomes of workers to spend on services.
Answered by
0
Answer:
Since the start of the recovery in 1992, the rate of output growth in the service sector has been more than double that of manufacturing; more than 80% of the rise in UK employment has been generated by service industries; and in 1997, the UK economy recorded its first current account surplus for twelve years, partly
Explanation:
Similar questions