Question

Choose the correct option.

Statement I: The service sector boosts the development of a country by offering job opportunities.

Statement II: Improvement in the general well-being of people increases jobs in the service sector.

• A. Both the statements are correct.
• B. Both the statements are incorrect.
• C. Statement I is correct, but statement II is incorrect.
• D. Statement I is incorrect, but statement II is correct.

Answer 1

The correct option is A Both the statements are correct.

The service sector boosts the development of a country by offering more job opportunities. It is also true that the improvement in the general well-being of people increases service sector jobs. When people earn better incomes, they tend to spend more. This increases the demand for services, which in turn results in more employment.