What is the development of the tertiary industry in Latin America?

The tertiary industry in developed countries is the product of benign interaction with industrialization. Based on industrial modernization, it is a modern production service industry and life service industry with high added value. Such as finance and insurance, information consultation, real estate and tourism. The tertiary industry in Latin America is mainly the traditional life service industry, and the producer service industry is in short supply. Different from developed countries, the tertiary industry in Latin America does not grow naturally on the basis of industrial and agricultural development, but because of the excessive expansion of the industrial base. Due to the weak industrial base and the wrong development model, the ability of industry to absorb labor is very limited. Due to the lack of skills, a large number of farmers entering the city can only enter the simple life service fields such as low-end catering, wholesale and retail, and housekeeping. In fact, this only transfers the underemployment in rural areas to cities, which not only makes the tertiary industry a place where all kinds of hidden unemployment are concentrated, but also causes the excessive expansion of the inefficient traditional tertiary industry. Due to the relatively backward industrial development, the traditional tertiary industry has prematurely become the main driving force to promote urbanization in Latin American countries. Facts have proved that this urbanization is not from the needs of urban production bases, but is driven by the disproportionate expansion of low-end service industries, and it is difficult to form mutual promotion and benign interaction between industrial economy and urbanization process. Due to the lack of modern production and service industries with modern transportation, communication, finance and information as the core, the tertiary industry in Latin America cannot develop continuously in structure and quality to support urbanization; The slow development of urban economy also affects the improvement of people's living standards and the demand for life services, thus inhibiting the upgrading and scale expansion of the tertiary industry structure. Although the tertiary industry in Latin America has absorbed a lot of labor, the tertiary industry without the backing of industrial modernization can only temporarily alleviate the employment pressure and cannot solve a series of serious urban problems caused by it. The excessive development of Latin American cities and the excessive concentration of urban population are inseparable from the vicious expansion of the tertiary industry. Judging from the current level of productivity development and labor productivity in Latin America, the expansion of the tertiary industry has obviously exceeded the necessary limit, which has affected the further development of the economy. It can be seen that urbanization is the result of the simultaneous development of agriculture, industry and tertiary industry, and a reasonable industrial structure is a strong support for urbanization. Due to the weak agriculture in Latin American countries, it cannot be a strong support for urbanization; Industrialization also missed the development opportunity because of the wrong strategic choice, and urbanization can only be promoted by the over-expanded tertiary industry. However, the development of the traditional tertiary industry alone can not increase social wealth and promote social economy and material civilization, which has caused the current economic downturn in Latin American cities.