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Sector: A sector is a large
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A sector is a large segment of the economy, while an industry is a specific group of companies or businesses. Here's how analysts and investors use the two terms. Economic activities are broadly grouped into primary, secondary, tertiary activities. Tertiary activities are again classified into quaternary and quinary activities. Learn the meaning of sector as a part of a circle, a subdivision of a society or an economy, or a military area. Find synonyms, pronunciation, and usage examples of sector in different contexts. A sector is one of a few general segments in the economy within which a large group of companies can be categorized. An economy can be broken down into about a dozen sectors, which can describe nearly all of the business activity in that economy. Sectors of Economic Activities Broadly, the four main sectors in an Economy are: Primary sector This sector deals with the extraction and harvesting of natural resources. These can be renewable resources, such as fish, wool and wind power. Or it can ...
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