Business sector: Difference between revisions
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Revision as of 10:31, 13 February 2013
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Economic sectors |
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Three-sector model |
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Additional sectors |
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Theorists |
Sectors by ownership |
In economics, the business sector or corporate sector is "the part of the economy made up by companies".[1] It is a subset of the domestic economy, excluding the economic activities of general government, private households, and nonprofit organizations serving individuals. The three main business sectors are the primary sector (raw materials), the secondary sector (manufacturing) and the tertiary sector (sales and services).[2] In the United States the business sector accounted for about 78 percent of the value of gross domestic product (GDP) in 2000.[2]
The term is sometimes (confusingly) used to refer to the parts of a company, its business divisions.[3]
See also
References
External links
United States
- Business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted, Bureau of Labor Statistics
- Regulatory Information by Business Sector, U.S. Environmental Protection Agency
- Business Sector, CDC