In the past, the basis of economy was agriculture and industry. But globalization has changed it. Today’s economic system is a burden-less or knowledge economy. Knowledge economy is the economy based on computer software, media and entertainment products, and internet services based on information.
It includes planning of materials, development-, technology, marketing, selling and services and the workers and professionals involved in them. Their work is not limited to producing and distributing things. This economy includes catering services, event management like marriages, conferences and other big functions. New professions about which we hadn’t even heard a few years ago are coming up. Event Management is an example.