... half of the twentieth century that coal and associated heavy industries lost their dominance. In the world's most developed countries, great increases in personal wealth have fuelled the demand for consumer goods and personal services. This has led to fundamental changes in the nature and location of manufacturing industries. At the same time a Technological Revolution has occurred and it is speeding up all the time. In an economic environment increasingly dominated by computers, global communications and worldwide competition, companies that invest in research and development, and have the financial backing to do this, are the ones with the best chance of survival and success. Economic activity is so varied, and so increasingly specialized, that the one label of tertiary cannot adequately cover it. Tertiary is regarded as a very broad sector within which all personal, clerical, professional, business and financial services are included. The new types of work in ...

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