The private sector is controlled by private citizens and its role can vary depending on government regulations. In a free market economy, the private sector reacts to market changes, while in a tightly controlled economy, it may fill gaps where the government cannot meet demands. The private sector is also responsible for meeting public sector […]
Investors use industry sectors to compare companies producing related goods and services. Major sectors can be divided into smaller sub-sectors, making analysis less overwhelming. Benchmark companies set the standard for performance in each sector, allowing for easy comparison. Industrial sectors are groups of similar companies and businesses that share characteristics and produce related goods and […]
The economy is divided into primary, secondary, and tertiary sectors. The primary sector involves harvesting natural resources, while the secondary sector uses these resources to produce finished products. The tertiary sector includes service industries. There are also quaternary and quinary sectors that introduce non-directly economic populations. The primary and secondary sectors of an economy refer […]
Industries such as chemical production, metal, cement, paper, oil refining, and fossil fuel-based industries are major contributors to global pollution. Industrial agriculture is also known to pollute, with farm animals generating methane and their excreta being a potential source of pollution. Almost all industries generate some level of pollution, either directly or indirectly, but some […]
