Economy 101: Industrial Goods — the Enabler of the Economy

Learning about the bedrock of the economy — the industrial sector

The economy is made up of 11 sectors.

These sectors are broad classifications of business activity that can include multiple industries. Each sector of the economy has its function. Industrial Goods sector (or industrial sector for short), for example, is essential for the economy, because it is responsible for building infrastructures (transportation, construction) and…

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