Want this question answered?
The hospitality industry, in the United States, accounts for 18 percent of the national economy. This amounts to almost $2 trillion.
The industry contributes to the national economy by creating things for consumption.
The importance of national income in the economy is absolutely huge. This determines whether or not there is money that can be spent.
creates a few jobs here and there
to help the economic to earn or get money.
The hospitality industry, in the United States, accounts for 18 percent of the national economy. This amounts to almost $2 trillion.
The industry contributes to the national economy by creating things for consumption.
importance or need of information technology
The importance of national income in the economy is absolutely huge. This determines whether or not there is money that can be spent.
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.
creates a few jobs here and there
to help the economic to earn or get money.
they contribute to national economy by way of export exchange
for the generation of revenue to the government.for the provision of employment and reduction of crime
http://wiki.answers.com/Q/The_development_of_industry_and_economy_in_the_country_What_kinds_importance_of_production_and_operation_management"
it is very important to calculate national income so as to see whether the country in terms of its economy is progressing and to also see that the calculation of national income is carried out efficiently and precisely
Macroeconomics is the study of broad functions of an economy. It has importance in Government, Politics, Trade, Industry, and every other feild that deals with monetary regulations.