Difference between revisions of "Industrial Sector"

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Latest revision as of 18:00, 11 March 2020

Industrial Sector - (adjective + noun)

Definition

The industrial sector is usually defined as the part of the economy that makes finished products. It includes heavy industry and light industry. Examples include the automobile industry and chemical industry.

Extra

Source: Adapted from EconomyWatch
Example of Use: Some economists believe that the industrial sector creates more wealth than the service sector.