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Define Services and Their Characteristics Such That They Are Distinguishable

Question 9

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Define services and their characteristics such that they are distinguishable from manufacturing. Services represent the fastest growing sector of the global economy and account for over 60% of global output and 45% of global employment. In Canada, services account for 76% of the labour force and 72% of GDP. The world's most industrialized nations are predominantly service economies.

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Services represent the fastest growing s...

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