1. The nature of the UK economy
The secondary sector is concerned with the production of all the other goods in the economy, which will obviously include the processing of materials produced by the primary sector. ... It has been argued, though, that the data does not match this hypothesis. ... This data must, of course, be taken at face value due to the fact that each country has its own specific economic and social conditions, but it still seems to contradict the maturity theory. ... It has been suggested by Greenhalgh the decline in manufacturing has had an effect on the rest of the economy which the raw data does not su...
- Word Count: 1545
- Approx Pages: 6
- Grade Level: Undergraduate