Since 1950, the portion of U.S. GDP created by services has
A) remained relatively constant.
B) fallen by a half.
C) doubled.
D) increased slightly.

Question

Quizplus · Accepted Answer

Since 1950, the portion of U.S. GDP created by services has doubled. This is due to a shift from a manufacturing-based economy to a more service-oriented one, with industries such as healthcare, finance, and retail growing significantly in recent decades.

Since 1950, the Portion of U