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As the Service Industries Became a Larger Part of U

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As the service industries became a larger part of U.S. GDP, companies have become more concerned about measuring productivity in the service sector.


Definitions:

Catalyst

A substance that increases the rate of a chemical reaction without being consumed in the reaction, often used in industrial processes to enhance efficiency and specificity.

Activation

The process of making something active or operative, often referring to the initiation of a chemical reaction or the stimulation of a biological process.

Activation Energy Barrier

The minimum amount of energy required for reactants to transform into products in a chemical reaction.

Catalyst

A material that accelerates a chemical reaction's speed without any lasting alteration to its own chemical structure.

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