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Market sector
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The term market sector is used in and 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.

See also
  • Global Industry Classification Standard (GICS)
  • Industry Classification Benchmark (ICB)
  • Market segmentation
  • Thomson Reuters Business Classification (TRBC)

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