Service Industry (2): Output of the Service Sector Flashcards
1
Q
How much larger is the service sector than industrial and manufacturing? What percent of the global economy?
A
2x larger. 63%
2
Q
Which country has the largest service sector? How much of global output do they make up?
A
US - 30%
3
Q
What particular service harms the environment? How so?
A
The cruise industry.
2.5 tons of waste - Sewage, greywater, plastic.
4
Q
What is a quaternary vs. quinary sector?
A
Quaternary is knowledge based (tech, R&D, consultation)
Quinary is top level decision making (“gold collar”)
