Question

What is mean by sector​

Answer 1

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sector noun [C] (ECONOMIC AREA)

C1. one of the areas into which the economic activity of a country is divided: In the financial sector, banks and insurance companies have both lost a lot of money. The country has a new policy of transferring state industries from the public sector to the private

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Answer 2

Answer:

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.

Often a more general term, a sector represents a group of industries and markets that share common attributes. Each sector has unique characteristics and a different profile, often found in share dealing. Examples: Financial, Public Sector, Service, Healthcare, Energy, Communications, Technology, Agriculture.