Articles: 1,432 · Readers: 748,000 · Views: 2,231,258 Another classification of businesses. Instead of looking at sectors of the economy, let's consider grouping various businesses based on the type of product.
Posts published in “THE ECONOMY”
The goods and services which enterprises produce can be used to classify all of the country's businesses into one of five different sectors of the economy.
Money is a generally accepted means of exchange. Money is essential for the smooth exchange of goods and services in markets between sellers and buyers.