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List and discuss several of the reasons behind the growth in services. Which of these do...

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Economics

List and discuss several of the reasons behind the growth inservices. Which of these do you consider to be the most important?Why?

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Ans The major factors responsible for the high growth of services are as follows Rise in income Rise in per capita income is an indicator of increase in general affluence levels Increase in wealth where has been an increase in the demand for those services which the customers used to perform by themselves Services provided y the gardnerservantscar driver etc are sone example More leisurefree time has lead to an increase in those services which are related    See Answer
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