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Industrial sector and economic growth
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The industrial sector is a segment of the economy made up of businesses that aid other businesses in manufacturing, shipping or producing their products. It is known as a secondary sector because the products and services offered by this sector go to other businesses rather than directly to consumers. The growth or minimization of the industrial sector is often driven by supply and demand in other sectors, as it relies on purchasing from businesses in other sectors.
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#economy#products#manufacturing#services#businesses#industrial sector#shipping#secondary sector#supply and demand
Premium Content
Industrial sector and economic growth
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