Final answer:
Services in the context of economics are immaterial and intangible activities provided for a fee, and they contribute significantly to a country's GDP.
Step-by-step explanation:
The structural component referred to as 'Services' in the question is related to the field of Economics. In the context of economics, services are activities that are immaterial and intangible in nature, which are provided by one party (the service provider) to another party (the service consumer) in exchange for payment.
Service sectors include a wide range of industries such as healthcare, education, transportation, hospitality, finance, and many others. These sectors contribute significantly to the economy and are reflected in the Gross Domestic Product (GDP) of a country. In the United States, services make up over 60 percent of the production side components of GDP.