Economy 101: Materials Sector — the Essential Link of the Economy

Understanding how the materials sector provides the raw goods for other industries

Vic Danh

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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. Materials sector, for example, is crucial for all other sectors of the economy, to provide raw materials for manufacturing, construction, and…

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Vic Danh

Senior Research Associate by day and MBA, economically-inclined blogger by night. A life-long learner and observer of technological, health and social trends.