Examlex
Which of the following is an example of process innovation?
Manufacturing Jobs
Refers to employment in industries that produce physical goods through the transformation of raw materials into finished products.
Service Sector
The segment of the economy that provides intangible goods such as healthcare, entertainment, and professional services, as opposed to manufacturing or agriculture.
Higher Productivity
An increase in the efficiency of production, characterized by a greater output of goods and services for the same amount of input.
Economy
The system of production, distribution, and consumption of goods and services in a particular geographic region or country.
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