Services – the impact of revolution that has began about 5 decades ago on the situation in global economy

Developing number of people at present tend to be interested in the fact that the structure of almost every economy nowadays has evolved substantially during recent decades. The most common trend observed among different companies is related to improving role of services in generating the growth of GDP. The reason why it has got more and more influential in these terms is that a revolution has started about 50 years ago.


Autor: Allan Ajifo
Thanks to its rapid spreading and progress as well, the role of introduction of new technologies has grown considerably and, therefore, in almost every company we might discover that there is a wide range of innovations such as PCs or various software depending on what type of commodities does a brand offer. Therefore, we may find out that in rising percentage of countries there are diverse branches opened by the most influential corporations in the world. This only proves that the role of the above analyzed field is improving.

Moreover, we ought to also be aware of the fact regards services that this area is still likely to continue its fast growth, as there is an improving demand for people that have appropriate qualifications in this field. That’s the reason why, we might quickly observe that there is a considerably improving probability that obtaining a degree in the field connected with economics is likely to


Autor: rikkiprince

provide ourselves high rate of satisfaction in the long term. It is indicated by the fact that due to the impact of globalization opening new branches in other countries have got considerably less demanding.

To conclude, we ought to also not forget that services are the field of economy that is still most likely to develop the quickest compared with industry and agriculture.

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This is a worth mentioning hint for people, who would like to have no difficulties with finding a job. Consequently, we ought to concentrate on economic universities and apply there for studies so that we would develop our chances on the labor market in the future.