Question

Good Morning everyone
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Industries and development go parallel.Explain​

Answer 1

Answer:

Good morning my dear Friend.

have a great day

Answer 2

Gd mrng ❤️

Services use to show high income-elasticity. So, as income increases (and it is increasing worldwide but specially in emerging economies), the demand of services increases.

This income-elasticity emerges both in personal services (hair-dressers, dentists, lawyers) as in business services (nowadays the ouput of the manufacturing sector includes more and more services as design, quality controls, sophisticated financial schemes) !