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Services has a growing share inany of the big countries
US or Germany have a long tradition in service economy
China or India have switched to services more into the last century
In most countries, services represent more than 50% of the overall economy
Service economy is growing due to various reasons:
- substituting technology for human labor in many agricultural and manufacturing process
- labor is moved to low cost locations (countries) which makes allows countries that oursource production to focus on services.

Speaker notes:

IBM Survey on national labor data, 2004

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