The Role and Distinctive Features of Retail Trade in The National Economy
DOI:
https://doi.org/10.55640/jme-06-03-07Keywords:
Retail trade, national economy, service sectorAbstract
This article analyzes the role of retail trade in the national economy and its specific characteristics. It examines the contribution of retail trade to economic development, the provision of the domestic market through the service sector, the satisfaction of consumer needs, and the creation of jobs. The article also discusses opportunities to improve the quality of retail services through the implementation of modern digital technologies and innovative approaches, the classification of services according to various criteria, their material and intangible elements, and compliance with international standards. Based on scientific research and comparative analysis, the study identifies trends in the development of retail trade and its role in the national economy.
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