Examlex
According to Maslow's hierarchy of needs,
Service Sector
The sector of the economy that provides intangible goods and services to consumers, including retail, healthcare, and financial services.
Real Wages
Wages adjusted for inflation, reflecting the actual buying power of income in the economy.
Manufacturing
The industrial process of converting raw materials into finished products on a large scale using labor, machinery, and chemical processing.
Employment
Refers to the condition of having paid work or the process of hiring someone for a job.
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