0
What is the difference between a manufacturing and a service economy?
Wiki User
∙ 16y ago
A service economy is based on providing services. For example, backpacking trips, jet ski rental, motorcycle rental, bicycle rental, hotel rental, vacation rentals, boat rentals, jumper rentals, car rentals, game rentals, theme parks. Almost anything you would do on vacation or where someone is providing a service for you: waiting your table, cleaning your hotel room, cleaning your clothing. A manufacturing economy is based on using tools to make a product. China has a huge manufacturing economy right now. They can produce almost any item, from computers to dining room tables. This is a very quick idea to begin discussion about the differences between these economies. Hawaii has a service economy because lots of people go there for vacations. Most of the tourism money comes from service businesses. On the other hand China is making most of their money by producing products in large factories.
Wiki User
∙ 16y ago
Wiki User
∙ 9y agoservice is based on providing services manufacturing is based on using tools to make a product.
Add your answer:
Earn +20 pts
What is difference between manufacturing company and a service company?
Manufacturing Company: - they build productServices Company: they design for Manufacturing like Pricol Technologies...-admin buang
What is the difference between serve and service?
serve and service
What is the difference between a service and isolation valve?
What is the difference between a service & isolation valve? Service & Isolation valves are an essential part of a bathroom suit. Both valves are available in a straight or bent form and can come rigid or flexible on a short pipe. In the UK, the fittings come in a 15 or 22mm size and varies from country to country. Remember to place a fibre washer in the service valve!
What are three main types of industries?
Primary or extractive, Secondary or manufacturing and tertiary or service industries
What is the technical difference between a sink and a lavatory?
a lavatory is strictly for hand-washing while a sink is considered miscellaneous and can be used for service, utility, kitchen and laundry basins.
What is the difference between service organization and manufacturing organization?
A service organization's end product is a service. A manufacturing organization's end product is a product.
What does it mean to say the US has a service economy?
Economies have several types of businesses, such as agricultural, manufacturing and service. Agricultural and manufacturing businesses are self-explanatory. Service business are ones that provided services like telephone, sales, medical and the like to the economy. A country's economy is called a service economy if its businesses are predominantly service oriented as opposed to agricultural or manufacturing oriented. The US has more businesses that provide services to the public than farming or manufacturing businesses, therefore it is a service economy.
What does it mean to say US has a service economy?
Economies have several types of businesses, such as agricultural, manufacturing and service. Agricultural and manufacturing businesses are self-explanatory. Service business are ones that provided services like telephone, sales, medical and the like to the economy. A country's economy is called a service economy if its businesses are predominantly service oriented as opposed to agricultural or manufacturing oriented. The US has more businesses that provide services to the public than farming or manufacturing businesses, therefore it is a service economy.
What is difference between manufacturing company and a service company?
Manufacturing Company: - they build productServices Company: they design for Manufacturing like Pricol Technologies...-admin buang
What impact has the rise of the service economy had on labor?
service job growth is outpacing manufacturing jobsService job growth is outpacing manufacturing jobs
The basis of the US economy has changed from?
agriculture to manufacturing to service industries
How has Italy's economy changed since 1950?
more people are working un manufacturing and service indusries.
What industries make up New Jersey's economy?
service ,manufacturing industry
Difference between manufacturing cost and nonmanufacturing cost?
Manufacturing Cost: These are those costs which are directly involved in manufacturing of product or service. It includesDirect MaterialDirect LabourManufacturing OverheadsNon Manufacturing Cost: These are those costs which are not incurred for manufacturing of product. It includesSelling and marketing expencesAdministration expences
What are the 3 types of room service?
list & describe the 3 form of business? describe each of the 3 types (service, merchandising & manufacturing) of business operation? Explain the difference between manufacturing & merchandising?
What is the differnece between a service industry and manufacturing?
A service industry provides a service like lawn care, manufacturing is a factory producing goods.
What are the 3 types of services?
list & describe the 3 form of business? describe each of the 3 types (service, merchandising & manufacturing) of business operation? Explain the difference between manufacturing & merchandising?
