How does the development of quaternary industries impact local economies?(1 point)ResponsesQuaternary industries develop in places based on comparative advantage and draw tourists.Quaternary industries develop in places based on comparative advantage and draw tourists.The development of quaternary industries does not impact local economies.The development of quaternary industries does not impact local economies.These industries create new types of jobs, but lead to the creation of warehouses and competition for local retail.These industries create new types of jobs, but lead to the creation of warehouses and competition for local retail.Quaternary industries involve the efficient production of food and raw materials, which benefits urban centers.
These industries create high-paying jobs for skilled workers, contributing to economic growth and increasing the standard of living in local economies. Additionally, the development of quaternary industries often leads to advancements in technology and innovation, which can stimulate further economic development and attract investment from other industries.
