Some people are concerned that "good" manufacturing jobs are being replaced by "bad" service- sector jobs. Why is this not necessarily a problem?

Question

Quizplus · Accepted Answer

All of the given options are valid reasons why the shift from manufacturing jobs to service sector jobs is not necessarily a problem. Productivity increases in the service sector are likely underestimated, meaning that service sector jobs may be more valuable than we think. As real income increases, consumers have an increased demand for services, so service sector jobs become more important. Additionally, the decline in manufacturing employment is partly due to increasing productivity in that sector, which is a sign of progress. Finally, despite the rise of the service sector, average real per capita income has continued to rise, indicating that the economy is still growing and improving overall.

Some People Are Concerned That "Good" Manufacturing Jobs Are Being