What Is Meant By A Sector?

What is meant by sector in maths?

A sector is a region bounded by two radii of a circle and the intercepted arc of the circle.

The angle formed by the two radii is called a central angle.

A sector with a central angle less than 180° is called a minor sector.

A sector with a central angle greater than 180° is called a major sector..

What are the types of sector?

There are four different sectors in the economy: primary, secondary, tertiary, and quaternary.

What is sector area?

Area Of Sector A sector is like a “pizza slice” of the circle. … The area of a sector is a fraction of the area of the circle. This area is proportional to the central angle. In other words, the bigger the central angle, the larger is the area of the sector.

What are the 11 sectors?

The order of the 11 sectors based on size is as follows: Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

What is the first sector?

Primary sector: raw materials. Secondary sector: manufacturing. Tertiary sector: services.

What are the three major types of industries?

In economics, industries are customarily classified as primary, secondary, and tertiary; secondary industries are further classified as heavy and light.

What is the meaning of a sector?

1a : a geometric figure bounded by two radii and the included arc of a circle. b(1) : a subdivision of a defensive military position. (2) : a portion of a military front or area of operation. c : an area or portion resembling a sector bilingual sector of town— David Kleinberg.

What is an example of a sector?

The main sectors of the economy are: Primary sector – extraction of raw materials – mining, fishing and agriculture. Secondary / manufacturing sector – concerned with producing finished goods, e.g. Construction sector, manufacturing and utilities, e.g. electricity.

What is industry explain?

An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. … Industry comes from the Latin industria, which means “diligence, hard work,” and the word is still used with that meaning.

What is the difference between a market and a sector?

A sector generally represents a group of similar industries and markets while an industry is a more specific grouping pertaining to a group of similar business activities. While sometimes albeit erroneously used the term “market” refer to either a sector or an industry, it has a more distinctive definition.

What is the importance of industry?

The economic growth provided by industrial development is a well-sustained growth that can transform an economy. Industrial growth and economic growth go hand in hand. Economies thrive when an industry is growing because a growth in the industry means more jobs, more money, and more opportunity.

What are the 4 types of industry?

There are four types of industry. These are primary, secondary, tertiary and quaternary.