Can the tertiary sector (Service Sector) take place of the secondary sector (Manufacturing goods) in ensuring a healthy balance between imports & exports
2007-05-06 21:30:08 · 2 answers · asked by farah_186 1 in Business & Finance ➔ Other - Business & Finance
So it would seem - check out UK Economy since Thatcher ..
2007-05-06 22:43:13 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
we in the western world will eventually lose out unless the manufacturing is highly specialised , if you compete on costs, you eventually will lose out
look at www.housepricecrash.co.uk and see what is happening in the property market if you think that this is the way forward the bubble has been blown up for a while, and most end in bust
quality, innovation and intellectual property are the way to go in my opinion
2007-05-07 11:39:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋