Economics

Service in Terms of Eeconomics

Service in Terms of Eeconomics

Service in Terms of Economics is consumed at the point of sale. It is a type of economic activity that is intangible, is not stored and does not result in ownership. Service include everything else: banking, communications, wholesale and retail trade, all professional services such as engineering, computer software development, and medicine, nonprofit economic activity, all consumer services, and all government services, including defense and administration of justice.