11 Explain reasons why the tertiary sector has grown in developed economies.

[Tahoor Yousaf]

[KN] The tertiary sector has grown in developed economies because rising incomes increase demand for services such as education, healthcare, and tourism. [APP] Advances in technology have also created new service industries like IT and finance. [AN] In addition, de-industrialisation has reduced secondary jobs, pushing more workers into services. As a result, the tertiary sector now contributes the largest share of employment and output in many developed countries.
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[Ayaan Fayaaz]

[KN] Rising incomes mean people demand more services.

[APP] For example, in the USA more people spend on leisure, tourism and financial services.

[AN]This increases the size of the tertiary sector as businesses expand to meet higher demand, creating more service-based jobs.
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[Abdullah Altaf]

[KN] Rising incomes lead to increased demand for services.
[APP] Higher consumer incomes create an incentive for businesses to enter the service sector, seeking greater profit opportunities.
[AN] This results in higher sales, increased profits, and the creation of more job opportunities, particularly for skilled workers.
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[Fatima ibtehaj]

[KN]Because of rise in income and living standards.
[APP]I.E Since peoples basic needs are already satisfied through primary and secondary sector therefore this creates greater demand for services such as education, banking etc.
[AN]This can hence lead to a rise in employment levels which can reduce poverty and thus increase the countrys GDP level which will help to improve quality of life.
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[Aarib Saad]

(KN)Due to exhaustion of raw materials for the secondary sector (manufacturing), so deindustrialization naturally happens out of need.
(APP)For instance, USA is a country which has exhausted most of it's natural resources especially minerals like coal, so people are now moving towards the tertiary sector of the economy and focusing on providing services.(AN)This in turn creates jobs for people as those skillful at certain tasks and crafts are now able to put their skills to use, helping them generate an income for basic necessities, thus improving their living standards.
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[Abdullah Baig]

Kn
The tertiary sector has grown in developed economies because demand for services has increased
App
For example higher disposable incomes in the UK mean people have more money to spend this leads to greater spending on non essential services such as holidays and restaurants which increases demand for workers in these industries creating more employment and business growth in the service sector
An
In addition advances in technology have supported the growth of new services such as online banking and e commerce which further expand the tertiary sector
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[Aarib Saad]

(KN)Exhaustion of natural resources for secondary sector has forced the economy to move towards the tertiary sector.
(APP)For instance, USA has exhausted much of it's natural resources especially natural minerals like coal, so it is now a majorly tertiary sector economy.
(AN)This in turn allows people who are skilled at certain crafts and jobs to more easily find work, so they are able to generate an income for at least basic necessities. Thus, improving their living standards.
Moderator Comment:
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[Mahnoor satti]

[KN] The tertiary sector has grown in developed economies because the demand for services like healthcare increased.
[APP] For instance, in UK as peoples income level increase their living standards also increase as they start to spend more on services like education.
[AN] Thus this increase the demand of services which results in more producers entering into the market leading to more obs being created and hence growth in the tertiary sector.
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[Wahaj Ashraf]

[KN] due to the depletion of natural resources from primary and secondary sector which caused the economy to move towards tertiary sector
[APP]e.g. A country has utilized most of its resources like oil and gas thus leading it towards tertiary sector
[AN]thus tertiary sector is way more efficient This can hence lead to a rise in employment levels which can reduce poverty and thus increase the country's GDP level which will help to improve quality of life.
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[tanzeelrehman]

KN = The tertiary sector has grown in developed economies because people's earnings, standard of living, and demands have changed.
APP = F.e in countries like the USA, the demand for healthcare, IT and tourism is more than farming and manufacturing.
AN = As people’s earnings increase, they spend more on non-essential services such as tourism and entertainment. This raises demand for services, so the tertiary sector grows. Since primary and secondary sectors offer lower incomes, workers move towards services jobs. Developed economies also have more skilled labour, which prefers to work in professional and technical services such as IT and finance, causing further expansion of the tertiary sector.
Moderator Comment:
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[Mustafa Khan]

kn]As income levels rise, people tend to spend more money on entertainment and travel.
app] there will be increase in tourism people will rent hotels and will need tourist guides.
an] this will increase the jobs in a country, which will increase consumer spendings leading to increase in gdp of the country.
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[MuhammadAli91191]

[KN] due to the depletion of natural resources from primary and secondary sector which caused the economy to move towards tertiary sector
[APP]e.g. A country has utilized most of its resources like oil and gas thus leading it towards tertiary sector
[AN]thus tertiary sector is way more efficient This can hence lead to a rise in employment levels which can reduce poverty and thus increase the country's GDP level which will help to improve quality of life.
Moderator Comment:
KN:1/1
APP:1/1
AN:1/1

[Amina Rizwan]

[KN]The tertiary sector has grown in developed economies as it has become an attraction job due to its high disposable income
[APP]For example in the UK a higher disposable incomes means that people are likely to spend more on luxury items like holidays and restaurants
[AN] This will lead to more services sector businesses being demanded by the people of the economy. Not only will this create more jobs but it will also boost the sales of businesses in the tertiary sector
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[amaimatif]

The tertiary sector has grown in developed economies because people have higher disposable incomes. For example, in the UK many families have extra money to spend on services like holidays and restaurants. This greater demand creates more jobs in these service industries and expands the sector.
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[Shuraim Arif]

(KN) Literacy rates are higher in developed countries.
(APP) Since developed countries host people with better lifestyles, hence giving them better options to get their education from, the citizens opt to do tasks that that require less physical labor tasks which also pay more.
(AN) This forces young entrepreneurs to startup businesses in the tertiary sector rather than in the primary and secondary sectors, since employees want to do service related jobs.
Moderator Comment:
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