Category
page 1Services (economics)

service
economic product that directly satisfies wants without producing a lasting asset

deindustrialization
thumb|Bethlehem Steel in Bethlehem, [[Pennsylvania, one of the world's leading steel manufacturers for most of the 20th century, discontinued most of its operations in 1982, filed for bankruptcy in 2001, and was dissolved in 2003.]]
Deindustrialization is a process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially of heavy industry or manufacturing industry.
quid pro quo
Latin phrase meaning "something for something"
goods and services
outcome of human efforts to meet the wants and needs of people