Economic Application
An economy is mainly the economic situation and standing of a country. It involves processes and usage of the four recognized resources of all economies, land, labor, capital and entrepreneurship, and is mainly used to try to explain and predict exchange of goods and currency.
As technology grew and the modern world we see today comes into view, the economic system has long evolved and become more and more complex; from ancient barter trade to usage of currency, then to rules governing debt and credit and the legal system. To keep up with such developments and demands of the economy, the commercial sector needed to have division of labor and specialization to keep up with the growing demands. In order to better provide for the needs of different labour sectors, various structures with their specific functions came into play.
Service
A good example would be the existence of offices. An office could refer literally to a room or an area in which people work, but also could be a symbol of status or a position within an organization with specific expectations attached to it. However, it is commonly referred to as a location whose function is to provide a common area where white-collar workers gather to “work” for the company they are employed under.
Production
The most common type of shelter in relation to the production sector would be factories. A factory's main function is to serve as a centralized location for mass production/manufacturing or any such processes, and to house all the equipment and assets that are required for the operating activities of the company. Compared to the office, instead of housing white-collar workers, it is mainly occupied by blue-collar workers.
