business sector
Học thuậtThân thiện
Definition
- Noun:
- The part of the economy concerned with private commercial and industrial activity: The "business sector" refers collectively to all businesses, companies, and enterprises involved in trade, manufacturing, and services, distinct from the public or government sectors.
Usage
- The term "business sector" is used to discuss the collective interests, performance, or concerns of private enterprises within an economy.
- It is often contrasted with other sectors like the public sector (government) or the non-profit sector.
Examples
- Noun:
- The new policy aims to boost investment in the business sector.
- Confidence in the business sector is essential for economic growth.
- There is often tension between the business sector and environmental regulators.
Advanced Usage
- "to be in the business sector": to work within or be part of private commercial enterprises.
- After graduation, she plans to work in the business sector.
- "the private business sector": a more specific term emphasizing the sector's independence from government control.
- Innovation is primarily driven by the private business sector.
Variants and Related Words
- Business community (n): A term with a very similar meaning, often used interchangeably with "business sector" to refer to companies and their leaders collectively.
- The business community welcomed the tax reforms.
- Private sector (n): A broader term that includes all non-governmental economic activity, of which the business sector is a major part.
- He has had a long career in the private sector.
Synonyms
- Industry (when used collectively): The companies and activities involved in the production of goods or services.
- Commerce: The activity of buying and selling, especially on a large scale.
Related Phrases
- Business interests: The concerns or stakes that the business sector has in a particular matter.
- The legislation was shaped by powerful business interests.
- Sector-wide: Affecting or involving an entire sector.
- The crisis led to sector-wide layoffs.
Noun
- business concerns collectively
- Government and business could not agree