What are the differences between utilities and services?

Utilities typically refer to essential services that provide basic needs, such as water, electricity, and gas, which are often regulated and require infrastructure for delivery. Services, on the other hand, encompass a broader range of intangible offerings that can include personal, professional, or commercial activities, such as healthcare, education, and hospitality. While utilities are generally necessary for daily living, services can vary widely in nature and are often tailored to individual preferences and needs. Additionally, utilities tend to have fixed pricing structures, whereas services may have more variable pricing based on demand and customization.