What Are the Major Changes in Sectors of the Economy

question 4

Essay

What are the major changes in sectors of the economy that have occurred over the past 100 years? How have these affected occupations and class structure? What are the current trends in occupation growth, and what effect will these likely have on the distribution of income?

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Definitions:

Marketing Managers

Professionals responsible for planning, implementing, and overseeing the marketing strategies of a product or service to meet consumer needs.

Social Media

Platforms and websites that enable users to create and share content or participate in social networking.

Customer Orientation

A business approach that focuses on identifying and meeting the needs and expectations of customers.

Standard Products

Goods manufactured or procured to consistent specifications each time, which meet a predetermined quality level.