Services

Intangible economic activities offered to fulfill consumer needs.

service offerings

Services are intangible economic activities offered by individuals or organizations to fulfill the needs of consumers, typically involving expertise, labor, or facilities rather than physical goods.

From Old French service, from Latin servitium, meaning 'servitude'.

Services are things people do for others, like getting a haircut or going to the doctor - they're not physical things you can hold.

The service sector is the largest part of most developed economies
Many services are provided by businesses, but some are performed by individuals or non-profits
The rise of the internet has created many new types of services

What is a service? An intangible economic activity providing benefit to consumers
How are services different from goods? Goods are tangible items, while services are actions or performances
Can you return a service? Generally no, as it's an experience rather than a product

assistance help support

economic activity industry

consulting maintenance repair

labor expertise facilities

economy market

economic activity valuable