Fundamental Economic and Tourism Terminology
Service Economy
It is an economic and social transformation that primarily affects developed countries since the last phase of the industrial revolution. It is not only that the employed population in the tertiary sector (services) becomes larger than the secondary sector (industry), but also how the work itself in this sector is increasingly disseminated and outsourced.
Welfare State
A more specific concept, which in practice is considered a category to designate either a set of proposals or a general approach regarding how the state should or could proceed. For example, the Spanish state provides education and healthcare.
Rural Tourism
A tourist activity that is performed in a rural area, usually in small towns or outside the village in larger...
