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What are some examples of the service industry contributions to the economy?
EncofBizandFinance
These contributions appear in a myriad of ways such as a letter carrier delivering the mail, a physician treating a patient, or an airline pilot transporting passengers to their destinations.
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∙ 13y ago
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What service industry is an important part of the Swiss economy?
tourism
How has the UK economy changed in the last 50 years?
It has changed from being a manufacturing led economy to being a service industry and financial centre led economy.
What does industery mean?
Industry refers to the production of an economic good (either material or a service) within an economy.
What is an effect of increasing global economic competition on the west?
The growth of the service industry has been one of the results in the West of increased global economic competition. A car mechanic and a waitress are two examples of service industry jobs.
What is the difference between service industry and industry in economy?
Industry is a fairly generic term, but is most commonly used as a substitute term for a manufacturer of goods such as Pepsi or Ford. The term industry can also be used to refer to a very specific group of companies. For example, the financial industry, entertainment industry, and the service industry.The service industry is essentially non-good producing industries such as retail trade, wholesale trade, and the service industries. According to the U.S. Census Bureau, these companies make up 70% of the total economic activity in the United States. Good examples of the service industry include health care, hospitality & accommodations, and real estate. The financial and insurance sectors would also be included within the service industry.In economic terms, the differences are essentially the same. This is obviously a little simplistic, but check out Google Finance or any financial site under the Sector Summary to see how each of the "industries" are broken down for the purpose of comparison and reporting.
What are the contributions of secondary and tertiary sectors of the economy?
service 56%
What contributions did Wolfgang Puck have on the Food service Industry?
contributin of wolfgang puck
What service industry is an important part of the Swiss economy?
tourism
What do you mean by industery?
Industry is the production of a good or service within an economy.
What is a synonym for postindustrial?
Postindustrial: of or relating to an economy that no longer relies on heavy industry.
What is difference between service industry and retail industry?
The retail industry is exchanging money for goods while the service industy does not provide physical goods rather money for the service that the professional is providing, i.e. retail examples; store clerks, salesperson service examples; carpet cleaners, teachers
What industries make up New Jersey's economy?
service ,manufacturing industry
What is the importance of the service industry to the national economy?
Service industries are important to the economy because they provide many jobs for people. This industry is also important because it gives people time off of their regular day, which relieves stress.
How has the UK economy changed in the last 50 years?
It has changed from being a manufacturing led economy to being a service industry and financial centre led economy.
What type of industries are included in a traditional economy?
When one defines a "traditional economy" it usually includes manufacturing, construction, farming, and very limited when it comes to "service" industry. In recent years we have moved to a predominantly "service" based economy. The exact opposite of a traditional economy.
What does industery mean?
Industry refers to the production of an economic good (either material or a service) within an economy.
The sector of the economy that grew most rapidly in the postwar era surpassing the manufacturing and agricultural sectors?
the service industry
