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  1. Dictionary
    sector
    /ˈsɛktə/

    noun

    More definitions, origin and scrabble points

  2. Aug 31, 2024 · A sector is an area of the economy in which businesses share the same or related business activity, product, or service. Sectors represent a large grouping of...

    • Will Kenton
    • 1 min
  3. Jun 17, 2024 · Sector refers to a part of the economy into which various industries consisting of a great number of companies can be fit, and is larger in comparison. Investors often...

  4. an area of land or sea that has been divided from other areas and is controlled by a particular country: What is the total oil output from the British sector of the North Sea? SMART Vocabulary: related words and phrases. (Definition of sector from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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  6. Oct 26, 2023 · Definition of Sector. A sector refers to a specific segment or category of the economy that includes companies, industries, or organizations engaged in similar types of economic activities.

    • Matt Rosenberg
    • Primary Sector. The primary sector of the economy extracts or harvests products from the earth such as raw materials and basic foods. Activities associated with primary economic activity include agriculture (both subsistence and commercial), mining, forestry, grazing, hunting and gathering, fishing, and quarrying.
    • Secondary Sector. The secondary sector of the economy produces finished goods from the raw materials extracted by the primary economy. All manufacturing, processing, and construction jobs lie within this sector.
    • Tertiary Sector. The tertiary sector of the economy is also known as the service industry. This sector sells the goods produced by the secondary sector and provides commercial services to both the general population and to businesses in all five economic sectors.
    • Quaternary Sector. Although many economic models divide the economy into only three sectors, others divide it into four or even five. These two sectors are closely linked with the services of the tertiary sector, which is why they can also be grouped into this branch.
  7. An Economic Sector is a major segment of the economy that groups together businesses, organizations, and activities that share common characteristics. These sectors are the building blocks of the economy. They provide a framework for analyzing and understanding economic activity.

  8. The meaning of SECTOR is a geometric figure bounded by two radii and the included arc of a circle. How to use sector in a sentence.