Growth and decline
There has been a huge
consequence on the work life of people since 1989, I will be inspecting the
area of growth and decline, and I will analyse why the growth or decline took
place.
Primary sector
The businesses in the primary
sector are all concerned in gaining raw material or natural products from the land.
In 1989 19.7% of the people of the region were working in the primary sector
but matching to the statistics in 2010 just 3.4% of the population of the
region is working in the primary sector this might be considering that the reserves
are ending day by day.
Secondary sector
The businesses in the
secondary sector are all involved in manufacturing, processing and assembling
products. In 1989 26.1% of the population of the region was working in the
secondary sector but according to the statistics in 2010 only 19.8% of the
population of the region is working in the secondary sector. This decline was
caused because of the recession and also might be due to many companies introduced
to manufacture their products abroad because it would work out cheaper, which
would mean more revenue.
Tertiary sector
The businesses in the
tertiary sector are all involved in providing some sort of service, which could
be selling goods or services in exchange for money. In 1989 54.2% of the
population of the region was working in the tertiary sector which increased
dramatically according to the statistics in 2010 76.2% of the population of the
region is working in the tertiary sector. This growth could be because there have
one less start-up cost, which could save a lot of money. In the tertiary sector
and big companies recruit thousands of employees and companies as such are
growing day by day.
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