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What is Market Sectors
Market Sectors (sometimes sectors of the economy or economic sectors) are used for the basic division of activities taking place in the economy of each country to the basic groups (sectors). The basic division of market sectors is three-sectoral: raw materials (Primary), manufacturing and industry (Secondary) and service sector (Tertiary).

Market Sectors (sometimes sectors of the economy or economic sectors) is a term used for the basic division of activities taking place in the economy of each country to the basic groups (sectors). The basic division of market sectors is three-sectoral. It is sometimes divided to four sectors (separately is earmarked science and research that is otherwise included in the tertiary sector). Market sectors are distinguished by the kind of economic activity and they are as follows:

Market sectors are further divided into branches.

Market sector in practice: basic structure of market sectors is used for gross definition of the performance of individual economies and for the expression of their GDP. Market sectors (sectors of the economy) are used to describe the differences between developing and developed economies. As a general rule, the more advanced economy, the smaller share of primary sector and more share of tertiary or quaternary sector, and vice versa. For a more detailed breakdown into individual branches and into individual economic activities, there are used different classifications of human activities.

Distribution of GDP into individual market sectors (in the three-sectoral concept) in particular countries is shown on the picture below. There are shown countries with a high share of tertiary sector in GDP (blue shades), countries with a high share of industry (red and purple), and countries with a high share of agriculture (green shades). The lower image is by same color divided labor force by profession, i.e. division by the number of people in particular sectors of the economy (Source Wikipedia).

Market Sectors

GDP and Labour Force by Sector; source Wikipedia

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Other information and sources (International)
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Last update: 22.03.2016

Comments

prima saju 6 months

Here discussed market sectors. Its something related to economic sectors. The basic subdivision is related to the economy of our country .directv packages.OIt can be divided into primary sector, secondary sector, and tertiary sector etc

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Jamie Oumar 4 months

Hi thanks for sharing this Market Sectors with us.
لقد تحدثنا مرارا وتكرارا عن افضل العاب اطفال سيارات حقيقية ذات البطاريات الكهربائية، حيث تطرقنا الى مواضيع مهمة تساعدكم في الإختيار الأمثل لأطفالكم. هذه السيارات يمكن أن نقول عنها ذات احترافية كبيرة، فهي تتوفر على أبواب جانبية قابلة للفتح مع أربعة عجلات من اطاراتها مصنوعة من المطاط الذي يعطيها ثبات كبير على الأرض أثناء القيادة. لذا نحن نراها من بين أفضل الألعاب المتوفرة.

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