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What are the reasons for growing shares of service sector in all major economies of world?
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∙ 12y ago
Services Marketing at KIMEP ... same problem... :)
Wiki User
∙ 12y ago
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What are the functions of the service sector of economy?
what are the function of the service sector of the economy
Why oxfam is in tertiary sector?
it is in the tertiary sector, which is also known as the service sector, as it is offering a service to everyone!
How can you use the word sector in a sentence?
In many economies the public sector is the largest employer. (i.e. State employees (the public sector) outnumber people in private companies)
Which is the fastest growing sector of the UK economy at the moment and why?
In fact there are three main types of sectors in the UK:1. The primary sector (raw materialism)2. The secondary sector > aka. the manufacturing sector (turns raw materials from the primary sector into goods)3. Tertiary sector > aka the service sector (producing services > for example education)According to recent figures + the fact you can see in daily life in the UK it is said that the 3rd sector is the fastest growing sector of the UK economy. But still the question remains of why?With rising incomes, consumers spend a larger and larger proportion of their incomes on services such as health, education and financial services.So we can conclude that it is all about the income people get and that they spend a larger proportion each time on the big subgroups in the service sector.
What is the contribution of service sector to the GDP of India?
The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.
What are the reasons for rise in service sector worldwide?
It could be that countries are slowly outsourcing their jobs to LDCs and NIEs so the DC economies can focus on the higher level economic activities, resulting in a rise of the service sectors.
What became the fastest-growing industry in the US during the 1950?
The television industry.
What has a major obstacle to economic development in China been?
Language bareer. Domestic market and demand. Limitations in consumers needs like we have had in western. Post industrial development. What can China do when facing those prospects all emerging economies sooner or later will do. Economies develops and so must industry and manufacturing. Service sector must grow to keep economy growing. Are they able??
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
Why oxfam is in tertiary sector?
it is in the tertiary sector, which is also known as the service sector, as it is offering a service to everyone!
How can you use the word sector in a sentence?
In many economies the public sector is the largest employer. (i.e. State employees (the public sector) outnumber people in private companies)
How manufacturing sector differ from service sector?
Manufacturing is one where in production process service orientations is done where in service sector is to completely to serve with service and no production involved in this process.
Internet banking comes under which sector?
service sector (tertiary sector)
Which is the fastest growing sector of the UK economy at the moment and why?
In fact there are three main types of sectors in the UK:1. The primary sector (raw materialism)2. The secondary sector > aka. the manufacturing sector (turns raw materials from the primary sector into goods)3. Tertiary sector > aka the service sector (producing services > for example education)According to recent figures + the fact you can see in daily life in the UK it is said that the 3rd sector is the fastest growing sector of the UK economy. But still the question remains of why?With rising incomes, consumers spend a larger and larger proportion of their incomes on services such as health, education and financial services.So we can conclude that it is all about the income people get and that they spend a larger proportion each time on the big subgroups in the service sector.
What is Difference between service sector and non service sector?
Service sector implies providing the service directly to the end user/customer and would include employment such as waiter/waitress or taxi driver. Non-service sector would include assembly line worker or farmer.
What is the contribution of service sector to the GDP of India?
The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.
Is retail sector coming under service sector or not?
RETAIL sector comprise of sales of goods or services to the end user. as such it is a service sector which connotes a service function in terms of distributing goods and services to end-user.
