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Fewer people working in the service industry can encourage businesses to innovate and adopt automation, leading to increased productivity and efficiency. This shift can drive economic growth by allowing companies to focus on higher-value activities and invest in technology. Additionally, a smaller workforce in the service sector may lead to better wages and working conditions as employers compete for skilled labor. Overall, this transition can stimulate a more diversified economy with a focus on higher-skilled jobs.
What else can I help you with?
How have Pakistanis working abroad helped the economy?
The overseas pakistani's valuable contribution has been helping the economy to improve balance trade and payments.
The working culture of the industry or sector of buying property?
working culture of the industry sector
Why is productivity growth in service sector so important?
The reasons for growth in service economy are; Increase in affluence. more laiesire, higer percentage of women working in labour, greater complexity of labor, increase in products.
Why is the government important to our economy?
the government is important in the country because:he makes sure the needs of the countrys people are methe makes sure the finances are in orderhe makes training courses for people working in a certain part of the economy to in improve their skills and contribute more to the country and economy from a primary school learner
Why is government important to the economy?
the government is important in the country because:he makes sure the needs of the countrys people are methe makes sure the finances are in orderhe makes training courses for people working in a certain part of the economy to in improve their skills and contribute more to the country and economy from a primary school learner
How has Italy's economy changed since 1950?
more people are working un manufacturing and service indusries.
How have Pakistanis working abroad helped economy?
The overseas pakistani's valuable contribution has been helping the economy to improve balance trade and payments.
How have Pakistanis working abroad helped the economy?
The overseas pakistani's valuable contribution has been helping the economy to improve balance trade and payments.
What group was MOST concerned with helping improve the dangerous working conditions in early century industry?
progressives
What did the zaibatsu dominant?
The Japanese economy and industry, and thus, all workers too, who were kept poor working for low wages.
What did the Zaibatsu eventually dominate?
The Japanese economy and industry, and thus, all workers too, who were kept poor working for low wages.
What are the factors that brought food service industry develop?
More and more people started eating out, rather than cooking at home, especially when women started working outside the home. As the demand for the food service industry increased, the industry devoloped and became larger.
What are the key factors influencing the employment prospects of working age adults in today's economy?
The key factors influencing the employment prospects of working age adults in today's economy include technological advancements, globalization, education and skills, industry demand, and economic conditions.
What is the easiest type of job you can get?
In the service industry, like a cashier or waiter, so basically working in the McDonalds drive thru
What do people of Massachusetts do for a living?
The working people of the state of Massachusetts participate in every part of the economy. The fishing industry employees a large amount of people.
How do you improve working of village postman?
how can we improve the working of village postman
What is green industry?
Environment friendly industry. Green Industry is producing environment friendly products or products which should help improve nature conditions to better. And also during working process cause minimal damage to environment. Green industry ought recycling waste of working process (cutting) and recycling waste energy (heat). Green industry ought to reach wasteless working process. The green industry is focused on eliminating or significantly reducing dependence on oil, green house emissions, and toxins.
