Sectors of the Economy

Sectors of the Economy

The working of the economy as a whole is explained as a system with:

1.     The individual Sector

2.     The Private Sector

3.     The Public Corporation Sector

4.     The General Government Sector

Key aspects of knowledge that link these various sectors are:

                i.            The income

              ii.            The expenditure

             iii.            The savings

            iv.            The investment

             v.            The financial balance