Articles | Open Access | https://doi.org/10.55640/

THE ROLE OF THE SERVICE SECTOR IN A POST-INDUSTRIAL SOCIETY: ECONOMIC AND SOCIAL FUNCTIONS"

Zarinа Murodovna Mukhammedova , Associate Professor at the Samarkand Institute of Economics and Service,

Abstract

this article examines the significance of the service sector in the modern economy and post-industrial society. It analyzes the concepts of “service” and “service sector,” highlighting the main economic and social functions of the sector. Economic functions include the creation of added value, provision of services to production processes, and reproduction of the workforce. Social functions involve employment of the population, effective organization of leisure time, and meeting various service needs. The article also evaluates the development prospects of the service sector in Uzbekistan and its potential to become a leading sector in a post-industrial society.

Keywords

Service sector, Post-industrial society, Economic functions, Social functions, GDP, Market economy, Employment

References

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Hill, T. P. (1977). On Goods and Services. The Review of Income and Wealth, 23(4), 315–338.

World Bank. (2023). World Development Indicators. Washington, DC: World Bank.

OECD. (2023). OECD Statistics Database. Paris: Organisation for Economic Co-operation and Development.

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THE ROLE OF THE SERVICE SECTOR IN A POST-INDUSTRIAL SOCIETY: ECONOMIC AND SOCIAL FUNCTIONS". (2026). International Journal of Medical Sciences, 6(02), 404-406. https://doi.org/10.55640/