“An economic sector is an area of the economy made up of businesses with similar characteristics. Dividing the economy into different sectors allows economists to more efficiently analyze economic activity and measure how different types of jobs contribute to the gross domestic product.” The main e...
An economic sector is a type of business activity in an economy. There are various ways of dividing the sectors of an economy, but...
The private sector is the part of a country's economic system that is run by individuals and companies, rather than a government entity. Most private sector organizations are run with the intention of making profit. The part of the economy under control of the government is known as the publ...
In a mixed economy, the government and private(私有的) sector interact(互相作用,互相影响) in solving economic problems. The government affects economic activity by taxation(征税), subsidies(补助金,津贴), and the provision of services such as defence(防卫) and the police force(警察力量). It ...
微观经济学英文题库:Chapter 1 What Is Economics.doc,Economics, 11e, Global Edition (Parkin) Chapter 1 What Is Economics? 1 Definition of Economics 1) All economic questions are about A) how to make money. B) what to produce. C) how to cope with scarcity.
In the low-altitude economy sector alone, the market size is estimated to surge from over 500 billion yuan in 2023 to 2 trillion yuan by 2030 as the country accelerates the development of unmanned aerial vehicles for tourism and logistics activities, among other uses. ...
Pan said in March that the average RRR of China's entire banking sector is 7 percent, and there is still room for further RRR cuts. The central bank also underscored the use of structural monetary policy tools, including a special relending facility worth 500 billion yuan to support sci-tec...
Today, retail ecommerce sales have risen to USD 6.3 trillion globally, and by 2026 they’re expected to make up 24% of all retail sales.7Advanced technologies such asartificial intelligence (AI)and machine learning have again transformed the sector by enabling personalized recommendations,chatbotsfo...
Emerging economies tend to have a higher amount of economic activity and employment concentrated within the primary sector versus more advanced economies. On the other hand, developed nations tend to utilize machinery and technology in their primary sector activities, meaning the primary sector doesn't...
or if they reverse the meanings behind the two terms. But they can avoid such confusion by referring to a sector as a broad economic segment that contains industries while an industry falls within a sector and breaks down according to more specific companies and business activities. ...