Sector: Based on the type of produce

Based on the type of produce, the sector is classified as the primary, secondary, tertiary, quarternary, and quinary sectors; the other types of grouping are traditional, digital, private, and public sectors . A sector is one of a few general segments in the economy within which a large group of companies can be categorized. An economy can be broken down into about a dozen sectors, which can describe nearly all of the business activity in that economy. Sectors of Economic Activities Broadly, the four main sectors in an Economy are: Primary sector This sector deals with the extraction and harvesting of natural resources. These can be renewable resources, such as fish, wool and wind power. Or it can ... Explore the various stock list based on sector -wise classification and latest news on stocks only at Moneycontrol. SECTOR definition: 1. one of the areas into which the economic activity of a country is divided: 2. an area of land…. Learn more.