23. Trade – transaction of buying and selling or exchange * the previous services exist to support and ensure efficient trade Finance – sector concerned with funneling pecuniary resources from lenders to borrowers *banks – lending institutions *non-banks – insurance companies, securities and equity resources
24. Real Estate – consists of land and dwelling properties *Residential property – intended for dwelling and domestic functions *Non-residential property – properties held for speculation, inherited property, properties held for profit seeking and other business activities
25. Private Services – services rendered for private needs * haircuts, tourists, hotel, restaurants, private lawsuits, etc. Government Services – social services and general public services