what are sectors ????? plzzzz answere

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Posted by Riya Sharma 5 years, 3 months ago
- 2 answers
Meghna Thapar 5 years, 3 months ago
A sector is an area of the economy in which businesses share the same or a related product or service. It can also be thought of as an industry or market that shares common operating characteristics. Dividing an economy into different sectors allows for more in-depth analysis of the economy as a whole. Industry refers to a much more specific group of companies or businesses, while the term sector describes a large segment of the economy. The terms industry and sector are often used interchangeably to describe a group of companies that operate in the same segment of the economy or share a similar business type.
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Ansh Raj Mishra Mishra 5 years, 3 months ago
1Thank You