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a decline in U.S. union membership

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Q: What was the growth of the service economy caused?
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A major burden to the growth of China's economy was caused by?

improved technologya major burden to growth of china economy was caused byPopulation growthpopulation growth


What sector of the economy has had the most growth in recent years?

Service


What sector of the economy has has the most growth in recent years?

Service


What effect did the movement from subsistence to a market economy have on American society?

It caused a better transportation system to get goods to markets farther away. It helped the growth of service industries.


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


Sector of the economy has had the most growth in recent years?

The service part of the economy has grown by leaps and bounds. Technology has also really grown.


What caused the economic growth of the US's economy after World War 2?

The invention of credit cards


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.


Which best explains how the growth of labor unions positively affected the economy?

Safety regulations caused the costs for businesses to increase


How does investing promote growth?

Investment promotes economic growth by adding money into the economy which is then spent on goods and services to provide the good or service being invested in. Furthermore the product or service being invested in then gets sold generating revenue.


What money supply growth exceeds the growth of the overall economy what is the result?

Inflation


What are the functions of the service sector of economy?

what are the function of the service sector of the economy