Economics & Finance
Assignment Writing
- Economic trends in key markets
- Consumption and Service sectors
- Supply chain resilience
- Economic Integration
- Macroeconomic aspects of nutrition policy
- Four Pillars of GDP
- Four factors affecting the business cycle
- Three broad areas of financial decision making
- Merger accounting
- Inventory Audit Or Leverage & Profitability Or FDI
- Profitability Vs FDI
- UK Banking Industry- A Competition Commission’s Banking Report
Consumption sector
The sociological studies of the different models of consumption such as state provision in cash, state provision in kind, self-provisioning, and privatized provisioning are essential for understanding some of the key features of current public organizations. The discussion has been focused on socialized state provision and private market since the chief division in the consumption sector in present industrial societies is between those who fulfill their requirements via personal possession and those who remain dependent on state provisions that are socialized.
Service sector:
The service sector is the main type of economic sector that generates and produces more services. According to the macroeconomic theory of tri-sector, there are three important economic sectors such as primary, secondary, and tertiary.
Source: https://taxguru.in/finance/services-sector-economic-survey-2019-2020.html
Key points of Service Sector:
- The service sector is the component of the Indian economy that offers many services, as conflicting to provide substantial goods such as televisions and cars.
- Service sector is considered one of the largest sectors of the Indian economy in most of the developed countries.
- The rapid development of the industries that are service-oriented has been fueled by the improvement in knowledge and data. There have been rapid advances in technology, especially, improvements in communication.