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A service is an act or use for which a consumer, company, or government is willing to pay. Services have three key characteristics: intangibility, perishability, and inseparability. Learn more about service quality, specification, delivery, and examples.
The tertiary sector is the third of the three economic sectors in the three-sector model, consisting of the provision of services instead of end products. Learn about the definition, classification, theory, issues and examples of the tertiary sector in different countries and regions.
Service economy refers to the increased importance of the service sector in industrialized economies and the higher service component of products. Learn about the environmental effects, the role of product stewardship and the development of service economy in low income countries.
Goods are tangible items that can be produced, distributed, and consumed, while services are intangible activities that can be provided and consumed. Learn about the history, classification, and examples of goods and services in economics, trade, and law.
This web page ranks countries and some territories by their exports of services, which are cross-border activities such as transportation, tourism, telecommunications, and more. It shows the top 100 countries by service exports in millions of US dollars and the year of data.
Service industries are those not directly involved in producing physical goods. They include activities such as transportation, trade, health care, education, and public administration. The service sector accounts for most employment in modern economies.
Economics is a social science that studies the production, distribution, and consumption of goods and services. It also analyses the behaviour and interactions of economic agents and how economies work. Learn about the history, methods, and fields of economics.
In economics, capital services refer to a chain-type index of service flows derived from the stock of physical assets and software. These assets are coordination, equipment, software, structures, land, and inventories. Capital services are estimated as a capital-income weighted average of the growth rates of each asset.