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economic sector

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Also known as sector

conceptual grouping of economic activities

Wikidata facts

Part of
economy
Image
Clark's sector model.svg
Show 4 more facts
Commons category
Economic sectors
different from
industry
topic has template
Template:Economic sectors
Sources (3)

via Wikidata · CC0

~3 min read

Encyclopedic overview

Percentages of a country's economy made up by different sectors. Countries with higher levels of socio-economic development tend to have proportionally less of their economies operating in the primary and secondary sectors and more emphasis on the tertiary sector. The less developed countries exhibit the inverse pattern. Three sectors according to Fourastié Clark's sector model

An economic sector is a part of an economy that includes similar economic activities and industries. One classical breakdown of economic activity distinguishes three sectors:

Excerpted from Wikipedia’s “economic sector” article, available under the CC BY-SA 4.0 licence.