The most accurate statement regarding the impact of quaternary industries on local economies is that "These industries create new types of jobs, but lead to the creation of warehouses and competition for local retail." Quaternary industries, which focus on knowledge-based activities like research, development, and information technology, can stimulate local economies by creating high-skilled jobs. However, they can also lead to increased demand for spaces like warehouses and potentially create competition for existing local retail businesses as new companies and industries emerge in the area.
How does the development of quaternary industries impact local economies? (1 point)
Quaternary industries involve the efficient production of food and raw materials, which benefits urban centers.
Quaternary industries develop in places based on comparative advantage and draw tourists.
These industries create new types of jobs, but lead to O the creation of warehouses and competition for local retail.
The development of quaternary industries does not impact local economies.
1 answer
1 answer