QAEconomics › What is the definition of service economy?

What is the definition of service economy?


A service economy refers to a type or sector of an economy that is specially dedicated towards the provision of services, rather than the production or manufacture of products or commodities.

Some service economy jobs are teaching, midwifery, laundry services, housekeeping and management services, administrative services, cooking, and so on.

1 year ago
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