3min chapter

The Josh Bersin Company cover image

Understanding Today's Economy: What It Means To HR

The Josh Bersin Company

CHAPTER

The Transition from Industrial to Service Economy

This chapter explores the transformation of the economy from the agrarian model of the 1700s and 1800s to the industrial era defined by mass production. It also examines the transition to a service-oriented economy in the late 20th century, driven by innovation and changing consumer experiences.

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