Define Service Economy?

1.	Define Service Economy?
Answer» SERVICE economy can refer to one or both of two recent economic DEVELOPMENTS: The increased importance of the service sector in industrialized ECONOMIES. The current list of Fortune 500 companies contains more service companies and fewer manufacturers than in PREVIOUS decades. Service economy can refer to one or both of two recent economic developments: The increased importance of the service sector in industrialized economies. The current list of Fortune 500 companies contains more service companies and fewer manufacturers than in previous decades.

Answer»

SERVICE economy can refer to one or both of two recent economic DEVELOPMENTS: The increased importance of the service sector in industrialized ECONOMIES. The current list of Fortune 500 companies contains more service companies and fewer manufacturers than in PREVIOUS decades.

Service economy can refer to one or both of two recent economic developments: The increased importance of the service sector in industrialized economies. The current list of Fortune 500 companies contains more service companies and fewer manufacturers than in previous decades.

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