Question

Two of the most profound shifts in the U.S. Economy in last 40 years is the...

Two of the most profound shifts in the U.S. Economy in last 40 years is the
growth in the tertiary sector (service sectors of the U.S. economy). Define these sectors. One of
the complaints about the growth in these sectors is about the types of jobs generated by these
sectors. Give examples of good paying jobs and bad paying jobs in these sectors. Finally,
related to the growth in these sectors is the financialization of the economy. Explain what that
terms means, and why the authors of your textbook are concerned about this issue.

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