We are living in a business world where money and economy are some of the common words we come across every day. The world economy seems very mundane and we think we know its meaning. But actually, the word economy has been evolving around with the change in technology. Products were thought to be the only economy but recently, economy comprises a major part of the service industry. The service sector is booming globally and no economy can be successful without the service industry. With the advancement in the service industry, we are able to understand human needs which we…