Finance:Market sector

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Productivity in the market sector of the Australian system of national accounts

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. https://www.fidelity.com/learning-center/trading-investing/markets-sectors/what-are-sectors-and-industries.

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