Compared to Physical Goods,services Are the Dominant Economic Activity in Developed

question 15

True/False

Compared to physical goods,services are the dominant economic activity in developed countries around the world.

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Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services and create goods traditionally performed in-house by the company's own employees and staff.

Writing Services

Professional services that provide written content for a variety of purposes, including academic, business, and creative writing.

Consumer Products

Goods and services that are produced for personal use or consumption by the general public.

Cultural Differences

The varying behaviors, beliefs, practices, norms, and values that distinguish one group or society from another.