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The economy may be classified into subdivisions called several sectors (also called industries) in several ways. Sectors may be further subdivided into subsectors. When classified based on the stage in the production chain, there are three major broad sectors in modern economies More details about the various phases of economic development follow. As this process was far from being homogenous geographically, the balance between these sectors differs widely among the various regions of the world. Based on ownership, the economy may be subdivided into
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Economic Sector Subcategories
Economic Sector Articles
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