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The growth of services is an indication of
  • a)
    decline in manufacturing activities.
  • b)
    increasing proportion of non direct production.
  • c)
    increasing proportion of direct production.
  • d)
    increasing illiteracy level.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The growth of services is an indication ofa)decline in manufacturing a...
Service sector is the lifeline for the social-economic growth of a country. It is today the largest and fastest growing sector globally; contributing more to the global output and employing more people than any other sector. The real reason for the growth of the service sector is due to the increase in the urbanization, privatization and more demand for intermediate and final consumer services.
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The growth of services is an indication ofa)decline in manufacturing activities.b)increasing proportion of non direct production.c)increasing proportion of direct production.d)increasing illiteracy level.Correct answer is option 'B'. Can you explain this answer? for Humanities/Arts 2025 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about The growth of services is an indication ofa)decline in manufacturing activities.b)increasing proportion of non direct production.c)increasing proportion of direct production.d)increasing illiteracy level.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The growth of services is an indication ofa)decline in manufacturing activities.b)increasing proportion of non direct production.c)increasing proportion of direct production.d)increasing illiteracy level.Correct answer is option 'B'. Can you explain this answer?.
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