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SECTOR
Sectors are used by economists to classify economic activity
by grouping companies that are engaged in similar business
activity by grouping companies that are engaged in similar
business activities. Some sectors are engaged in activities
that involve the earliest stage of the production cycle , such
as extracting raw materials. Other sector involve the
manufacturing of goods using those raw materials. Sectors
are broken out into four main categories.
Primary sector-primary sector companies are typically
engaged in economic activity that utilizes the earth’s natural
resources
Secondary sector- secondary sector consist of processing,
manufacturing and construction companies.