The definition of a sector is a separate or distinct area or part of something larger. The part of the economy controlled by technology companies is an example of the tech sector. noun. 6. A part or division, as of a city or a national economy.

What is sector example?

Primary sector – extraction of raw materials – mining, fishing and agriculture. ... Secondary / manufacturing sector – concerned with producing finished goods, e.g. Construction sector, manufacturing and utilities, e.g. electricity.

What is the business sector meaning?

A business sector meaning pertains to the distinctions made between businesses. ... Some economists like to divide businesses according to corporate, nonprofit, and government organizations. More often, the economy is divided into three sectors: the primary, secondary, and tertiary sectors.