Question

In the USA, the service sector now accounts for roughly 45 percent of the nation's economic output and 50 percent of all jobs in the country. True or False?

A) True
B) False

Answer 1

True. The service sector now accounts for roughly 45 percent of the nation's economic output and 50 percent of all jobs in the country.

Step-by-step explanation:

The statement is True. In the USA, the service sector now accounts for roughly 45 percent of the nation's economic output and 50 percent of all jobs in the country. The service sector includes industries such as finance, healthcare, retail, hospitality, and professional services. This shift towards a service-based economy has been a significant trend in many developed countries, including the United States.