Which of the following statement (s) is/are correct?
Statement 1: Economists have found that poor nations can progress only if they have a flourishing service sector.
Statement 2: Tertiary sector provides employment which is more stable than the employment in agriculture and it promotes overall prosperity.
Answer & explanation
Correct answer: option 4
Economists have found that poor nations can progress only if they have a good industrial sector. Industry provides employment which is more stable than the employment in agriculture; it promotes modernisation and overall prosperity.