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a commercial sector is a business like a local cafe or restaurant that makes a profit.

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12y ago

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What are the four major sectors of the economy that consume energy?

The four major sectors of the economy that consume energy are transportation, industrial, residential, and commercial. The transportation sector includes vehicles and freight systems, while the industrial sector encompasses manufacturing and production processes. The residential sector involves energy use in homes for heating, cooling, and appliances, and the commercial sector includes energy consumption in businesses and institutions. Together, these sectors account for the majority of energy use in an economy.


What are the advantages of commercial sector?

The commercial sector drives economic growth by creating jobs and generating revenue through the production and sale of goods and services. It fosters innovation and competition, leading to improved products and services for consumers. Additionally, the sector contributes to government revenues through taxes, which can be reinvested in public services. Lastly, it enhances consumer choice and convenience, providing a diverse range of options tailored to various needs and preferences.


What is the Daisan sector?

The Daisan sector, often referenced in the context of South Korea, is a region that includes parts of the capital city, Seoul, and is notable for its economic and cultural significance. It is characterized by a mix of residential, commercial, and industrial areas, contributing to the vibrant urban environment of the city. The sector is also involved in various development plans aimed at enhancing infrastructure and urban living standards.


Is Greggs in the public sector or the private sector?

its a third sector


What is a monetary sector?

The monetary sector refers to the part of the economy that encompasses institutions and instruments involved in the creation, management, and distribution of money and credit. This sector includes central banks, commercial banks, and other financial institutions that facilitate transactions, savings, and investments. It plays a crucial role in influencing economic activity through monetary policy, interest rates, and liquidity management. Overall, the monetary sector helps regulate the flow of money in an economy, impacting inflation, employment, and economic growth.