Question

According to the lecture, 75% of US jobs are focused on providing services. This means they are in the __________ sector of the economy.

Answer 1

Answer:

According to the lecture, 75% of US jobs are focused on providing services. This means they are in the tertiary sector of the economy.

Explanation:

The service sector or tertiary sector is the economic sector in which companies want to make a profit by selling their goods or services. The name belongs to the meso-economy, which studies industries.

The tertiary sector includes shops, hotels, restaurants, theaters, hairdressers, business service providers, lawyers, IT companies and other service providers. In developed economies such as in Western Europe and the United States, between 70 and 80 percent of the gross domestic product is realized in the service sector.  

Answer 2

The answer is tertiary