Question

As economies advance, a growing proportion of the economy's activities focuses on the production of ________. A) products B) events C) experiences D) luxury goods E) services

Answer 1

Answer: (E) Services

Explanation:

  According to the question, the growing economical activities majorly focuses on the production of various types of services as the increase in the economical growth produces more profit in the business.

 The main advantage of the economical growth is that it provide the capital to the companies for investment purpose and also producing the various types of products and the services in an organization.

By producing maximum amount of services it basically demonstrating the buyer willingness by exchanging various types of goods between the seller to the customers.

 Therefore, Option (E) is correct answer.