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What does services mean in economics?
2 months 1 week ago #2663
by ahmedml
What does services mean in economics? was created by ahmedml
What does services mean in economics?
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2 months 1 week ago #2669
by Tisha5528
Replied by Tisha5528 on topic What does services mean in economics?
A service is an act or use for which a consumer, firm, or government is willing to pay. Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on. Public services are those that society (nation state, fiscal union or region) as a whole pays for.
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