What conclusion can you draw about the level of economic development in a country in which most workers are in the tertiary and quaternary sectors of the economy?(1 point)
Responses
The level of economic development in such a country is probably in steep decline.
Countries in which most workers are in these sectors typically have a low level of economic development.
Countries in which most workers are in these sectors typically have a high level of economic development.
The level of economic development in such a country is probably increasing rapidly.
Countries in which most workers are in the tertiary and quaternary sectors of the economy typically have a high level of economic development.
are you sure this is right
I apologize for the confusion. Let me correct my previous response.
Countries in which most workers are in the tertiary and quaternary sectors of the economy typically have a high level of economic development.
The correct response is: Countries in which most workers are in these sectors typically have a high level of economic development.
To arrive at this conclusion, we need to understand the definitions of the tertiary and quaternary sectors of the economy.
The tertiary sector refers to the service industry, which includes businesses that provide services rather than producing goods. Examples of this sector include retail, banking, transportation, healthcare, and education.
The quaternary sector refers to knowledge-based industries that focus on the creation, processing, and dissemination of information. This sector includes activities related to research and development, information technology, consultancy services, and media.
In countries where most workers are employed in these sectors, it indicates a higher level of economic development. This is because the tertiary and quaternary sectors are typically more advanced and require a higher level of education, skills, and technology. Additionally, countries that rely heavily on these sectors often have well-developed infrastructure, institutions, and economic policies to support the growth of these industries.
Therefore, the correct conclusion is that countries in which most workers are in the tertiary and quaternary sectors of the economy typically have a high level of economic development.