
Industry sectors
Industry sectors refer to distinct categories within an economy that group businesses and organizations based on their shared activities or products. Common sectors include agriculture, manufacturing, services, and technology. Each sector plays a vital role in the economy, contributing to employment and production. For example, the agriculture sector involves farming and food production, while the technology sector focuses on software, hardware, and innovation. Understanding these sectors helps in recognizing how they interact, influence market trends, and affect overall economic health.