The economy is divided into 11 main sectors. A sector describes a large segment of the economy. Here is a breakdown with more details.
Posts tagged as “sectors of the economy”
Operations management includes a far wider range of activities and refers to the management of all production process.
Industrialization describes the growing importance of the secondary-sector manufacturing industries and the reduced importance of primary sector.
The classification of business activity by sectors of the economy is not used to define a country as a developing or a developed nation.
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.