Noun
service economy (plural service economies)
An economy based on service sector, such as: financial services, hospitality, retail, health, human services, information technology and education.
Coordinate terms: agrarian economy, industrial economy
Any discrimination, like sharp turns in a road, becomes critical because of the tremendous speed at which we are traveling into the high-tech world of a service economy. Clarence Thomas
The invisibility of work and workers in the digital age is as consequential as the rise of the assembly line and, later, the service economy. George Packer