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What are the elements of economics?

1. people 2. government 3. different sectors 4. market


Why would you want to diversify between sectors?

Diversifying between sectors helps to mitigate risk by reducing the impact of poor performance in any single area of the economy. Different sectors often react differently to economic conditions, so a balanced portfolio can provide more stable returns. Additionally, sector diversification can capitalize on varying growth opportunities, as some sectors may outperform others during different market cycles. This strategy enhances overall investment resilience and potential for long-term gains.


How does the oul industry span the primary secondary and tertiary sectors of the economy?

There are three main types of industry in which firms operate. These sectors form a chain of production which provides customers with finished goods or services.The chain of production shows interdependence: firms rely on other businesses in different sectors for raw materials, components or distribution.


What is retail sub sector?

Retail sub sectors are the different categories of product types, eg, clothing and footwear, DIY,


What is primary sector and secondary sector procurement?

Inputs which are directly and indirectly helpful in functioning of primary sectors are called primary sectors procurements. It may be materials, raw as well as processed materials, man made resources, natural feeding etc. Resources which are all used by the secondary sectors for the benefit of production of goods and services are termed as secondary sectors procurements. The output of primary sectors may be the procurements for the secondary sectors or from the another secondary sectors out put may be used, Services of tertiary sectors also the procurements for both the sectors.

Related Questions

Different sectors in hotel where you can find housekeeping staff and their responsibilities?

different sectors in hotel where housekeeping can be find and their responsibilities


What are the different sectors in aviation?

AerospaceMilitary and DefenseCommercialGeneral


What are the elements of economics?

1. people 2. government 3. different sectors 4. market


What real life event would be good to simulate with spinning a spinner with 7 equal sectors?

Any event where you want the event to occur randomly on one of the the 7 days of the week.


What are the different sectors in the hotel hospitality industry?

hello


What percentage of the American government budget is allocated to different sectors as shown in the pie chart?

The pie chart shows the percentage of the American government budget allocated to different sectors.


What percentage of the US government budget is allocated to different sectors as shown in the pie chart?

The pie chart shows the percentage of the US government budget allocated to different sectors.


What percentage of the USA federal budget is allocated to different sectors as shown in the pie chart?

The pie chart shows the percentage of the USA federal budget allocated to different sectors.


What percentage of the total federal spending is allocated to different sectors as shown in the pie chart?

The pie chart shows the percentage of total federal spending allocated to different sectors.


What percentage of the government spending is allocated to different sectors as shown in the government spending pie chart?

The government spending pie chart shows the percentage of funds allocated to different sectors.


What percentage of the United States government budget is allocated to different sectors as shown in the pie chart?

The pie chart shows the percentage of the United States government budget allocated to different sectors.


What percentage of the government budget is allocated to different sectors as shown in the pie chart of government spending?

The percentage of the government budget allocated to different sectors can be seen in the pie chart of government spending.