Market sector
The term market sector is used in economics and finance to describe a part of the economy. It is usually a broader term than industry, which is a set of businesses that are buying and selling such similar goods and services that they are in direct competition with each other.[1]
See also
- Economic sector
- Global Industry Classification Standard (GICS)
- Industry Classification Benchmark (ICB)
- Market segmentation
- Thomson Reuters Business Classification (TRBC)
References
- ^ "Fidelity Learning Center: What are sectors and industries? A guide to frequently asked questions". Fidelity Investments.
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