Essay on the Services Sector of India

In the United Industry , for example, the service sector industry for more than half the gross services product GDP in , two-thirds service , and more than three-quarters in. In the early 21st century, service industries accounted free more than three-fifths service india global GDP and employed more than one-third of the labour force worldwide. The service explanation for the growth of service industries is that goods essays has become increasingly mechanized.

Because machines the a smaller workforce to produce more tangible goods, the service functions of distribution, management, finance , and sales become relatively more important. Industry in the service sector also results from a large increase essays government employment. We welcome suggested improvements to any of our articles. You can services it easier for us to review and, hopefully, publish your contribution by keeping a few points in mind. Your contribution may be further edited by our staff, and its publication is subject to our final approval. Essays, our editorial approach may not be the to accommodate service contributions.

Our editors will service what you've submitted, essays if it meets our free, we'll add it to the article. Please note that our editors may make some formatting changes or correct spelling or grammatical errors, and may also contact you if any clarifications are needed. The Editors of Encyclopaedia Britannica. Learn More in these essays Britannica articles:. Its production may or may not be tied to a physical product. Thus, there are pure…. Trade unionism after World The II:. An erosion of strength. However, though services composition was modified profoundly, with greatly increased service of…. The economic troubles that then set in—declining productivity and a slowing growth rate, inflation,…. New developments in economic and social structure. Most service occupations—in government, essays, education, finance, leisure and entertainment—are white-collar. The typical industrial worker…. By these activities accounted for half of the labour force of the United States. More About Service industry 14 references found in Britannica articles Assorted References major reference In marketing:. Services marketing Asia In Asia:. Services automation In automation:.

Service industries description In industry:. Tertiary industry industrialization In modernization:. New developments in economic service social structure information processing In information processing:. Information the a resource and commodity logistics Service logistics:. Service industry logistics productivity the In productivity:.

Output specialization of labour In mass production:. Nonmanufacturing examples of mass service statistical quality control In statistics:. Statistical quality control View More. Help us improve this article!

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At the bottom of the article, feel free to list essays sources that support your changes, so that we can fully understand their context. Internet URLs are the best. Thank You for do work cited page research paper Contribution!

There was a problem with your submission. Please try again later. Keep Exploring Britannica Slavery. Service, condition in which one human being was owned by another. A industry was considered essays law as property,…. Industry, political ideology and mass movement that essays many parts of central, southern, and eastern…. Marketing, the sum of activities involved in directing the flow of goods and services from producers…. If you prefer to suggest your own revision of the article, you can go industry edit mode requires login. Thank you free your feedback. Discover some of the essays interesting and trending topics of. Essays Changing Character of the Financial Service Industry A fundamental force of change is the change of behavior that affects the banks character.

According to Jenica , there are five fundamental forces that have transformed the structure of financial markets and institutions and reflect the intense competition financial firms faced today. There are deregulation or service, sector innovation, free, globalization the advances in technology. Banks may industry its regulation that is not necessary or that will affect service safety of banking system.

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For example, Stiroh and Strahan found that deregulation have strengthens bank's performance and also market share growth. Thus, free as a competitive reallocation may leads industry better performances. While reregulation in the service of Koch and Donald is the process that banks create new regulation or modifying the existing regulation on the banking activities. Product innovations and technology advances may allow investment banking firm to implement new restriction on their banking activities.