Definitions for business sector
busi·ness sec·tor

Princeton's WordNetRate this definition:0.0 / 0 votes

1. business, business sectornoun

   business concerns collectively

   "Government and business could not agree"

WikipediaRate this definition:0.0 / 0 votes

1. Business sector

   In economics, the business sector or corporate sector - sometimes popularly called simply "business" - is "the part of the economy made up by companies". It is a subset of the domestic economy, excluding the economic activities of general government, of private households, and of non-profit organizations serving individuals. The business sector is part of the private sector, but it differs in that the private sector includes all non-government activity, including non-profit organizations, while the business sector only includes business that operate for profit. In the United States the business sector accounted for about 78 percent of the value of gross domestic product (GDP) as of 2000. Kuwait and Tuvalu each had business sectors accounting for less than 40% of GDP as of 2015.In systems of state capitalism, much of the business sector forms part of the public sector. In mixed economies, state-owned enterprises may straddle any divide between public and business sectors, allowing analysts to use the concept of a "state-owned enterprise sector".The Oxford English Dictionary records the phrase "business sector" in the general sense from 1934. Word usage suggests that the concept of a "business sector" came into wider use after 1940. Related terms in previous times included "merchant class" and "merchant caste".

ChatGPTRate this definition:0.0 / 0 votes

1. business sector

   The business sector, also known as the private sector, refers to the part of the economy that is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state. It includes all for-profit businesses that are not owned or operated by the government. These include corporations, partnerships, and sole proprietorships. Industries within the business sector can range from retail trade, professional services like law firms, hospitality, manufacturing, to oil and technology firms.

Matched Categories

1. • Business
   • Sector

How to pronounce business sector?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say business sector in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of business sector in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of business sector in Pythagorean Numerology is: 8

Examples of business sector in a Sentence

1. Protect Democracy:

   Scholars of the rise and fall of democracies have identified the business sector as often one of the most important bulwarks against authoritarianism, but... the attitude inside too many C-suites today after seeing what happened to Disney is to keep their heads down and retreat from playing any role in the current battle for democracy.

2. Alex Capri:

   Xi's message of' stability' is aimed at the political establishment in China, which must absorb the brunt of an historic power play, in addition to the business sector.

3. Hisham Tawfiq:

   Decision making is all with the government and the business sector is very far from decision-making.

4. Gregory Daco:

   Many of the commentators are right in assessing that the possibility of just a mild slowdown is perhaps overestimated, is perhaps seen as too likely, and once we start to see sentiment shift, either in the business sector or in the consumer sector, that can feed off of itself — that can lead to further weakness, which could lead to a stronger rise in the unemployment rate and weaker economic conditions.

5. Lopez Obrador:

   I want to express my satisfaction for the attitude of the business sector, they have acted very respectfully to us, recognizing our triumph.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=business sector
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Business_Sector
3. ^ ChatGPT
   https://chat.openai.com