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What type of economy does Hawaii have?
The state of Hawaii has a service economy. In fact most of the United States is has a service based economy.
The four major economic shifts the US has experienced?
· Service Based Economy: Is the economy we were in during the 1600's because the colonists bartered and traded goods.· Agricultural Based Economy: In this economy during the 1700's farming was a common way of life so this was a easy way of life.· Industrial Based Economy: In the mid 1859's big machines were build which stated the industry based economy.· Service Based Economy: With the computer now more advanced information moved around a lot faster, and the way goods an services were produced an sold this created the service based economy.
What is the different between a manufacturing economy and a service economy?
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.
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
What is a Industrial based economy?
an economy based on industry
What type of economy does Hawaii have?
The state of Hawaii has a service economy. In fact most of the United States is has a service based economy.
The four major economic shifts the US has experienced?
· Service Based Economy: Is the economy we were in during the 1600's because the colonists bartered and traded goods.· Agricultural Based Economy: In this economy during the 1700's farming was a common way of life so this was a easy way of life.· Industrial Based Economy: In the mid 1859's big machines were build which stated the industry based economy.· Service Based Economy: With the computer now more advanced information moved around a lot faster, and the way goods an services were produced an sold this created the service based economy.
What does it mean for a country with a service based economy?
egypt has one
What is a synonym for postindustrial?
Postindustrial: of or relating to an economy that no longer relies on heavy industry.
What is the difference between a manufacturing and a service economy?
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.
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.
Is it possible for an economy to based on services only?
Yes. Monaco and Lichtenstien are examples of service-only economies.
Which airline started Premium Economy service?
Taiwan based EVA Airways Corporation started it in 1991.
How has Luxembourg maintained a high standard of living?
changing from an economy once dominated by steel manufacturing to a service industries and high-tech firms based economy.
What is the different between a manufacturing economy and a service economy?
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.
True or False As a culture moves to an information and service based economy it begins to shift to an independent focus.?
False
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
