“The modern economic development in the world is mainly the result of the development of Quaternary Service.” Explain the statement with suitable examples.
“The modern economic development in the world is mainly the result of the development of Quaternary Service.” This statement is explained below:
● The economic activities have become more complicated and specialised.
● This has led to the development of a new statue of activity is called the quaternary activities.
● It involves the collection, production and dissemination of information. I
● t is also related to research and development and is an advanced method of specialised knowledge, technical skills and administrative competence.
● The people involved in it are highly intellectual and skilled.
● Only a few people are engaged in such activities in the economically developed countries.
● It has the highest degree of income and a higher degree of mobility in the career development process.
● For example, the personnel involved in elementary schools, hospitals, accounting etc.
Couldn't generate an explanation.
Generated by AI. May contain inaccuracies — always verify with your textbook.