sector

How are Business Sectors Classified?

Sectors can be classified in multiple ways, including:
Primary Sector: This involves the extraction and production of raw materials, like agriculture, mining, and fishing.
Secondary Sector: This includes manufacturing and construction activities that transform raw materials into finished products.
Tertiary Sector: This focuses on services such as retail, entertainment, and financial services.
Quaternary Sector: Involves knowledge-based activities like research, development, and information technology.

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