Sector example sentences

Also, government borrowing from the people reduces the savings available to the private sector.Industries can be classified into private sector, state owned or public sector, joint sector and cooperative sector.The public sector industries are owned and operated by the government, such as Hindustan Aeronautics Limited and Steel Authority of India Limited.Moreover, since the underdeveloped countries depend heavily on agriculture and small industries, the attempt to develop infrastructure had hardly any effect on these two sectors.But the employment opportunities in the organised sector have been expanding very slowly.Similarly, many people who work in the unorganised sector have to work at a low wage and accept conditions that are not fair and are also often harmful to their health.Activities in the private sector are guided by the motive to earn profits.Among the organised sector, teaching and medicine attract them the most.The activities in this sector result in the production of goods and services.Tertiary activities provide support to the primary and secondary sectors through services.Now you can directly see the changing importance of the sectors over the thirty years.The purpose of the public sector is not just to earn profits.This can be highlighted further by drawing attention of the students to the rapid growth of service sector.Generally, it has been noted from the histories of many, now developed, countries that at initial stages of development, primary sector was the most important sector of economic activity.We shall, for the sake of simplicity, ignore the government sector for the rest of this chapter.