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In which industries is the practice popular, according to the statement: "Popular in manufacturing and service industries"?

User Merov
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Final answer:

The shift toward service industries has become prominent, with jobs in services increasing sharply, while manufacturing jobs have remained relatively stable or declined. Healthcare, education, and legal and financial services are examples of leading service industries, emphasizing a broader trend towards information and communication-focused work.

Step-by-step explanation:

The practice of shifting from manufacturing to service industries has become increasingly prevalent. The Bureau of Labor Statistics reports that, while jobs in services have grown dramatically over the last few decades, jobs in manufacturing have seen relatively little change, aside from a downward trend in recent years.

It's crucial to note that the Gross Domestic Product (GDP) is now dominated by services rather than the production of tangible goods like cars and computers. Significant examples of leading service industries comprise healthcare, education, and legal and financial services. These three sectors, among others, represent a growing share of the economy and underscore the shift toward a workspace focusing on activities such as analysis, communication, and managing information over traditional manufacturing tasks.

User Layton
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