Homonym: Sector (Division)
A "sector" refers to a distinct part or division within a larger system, often used in economics and business to categorize different areas of activity. For example, the technology sector includes companies that develop software, hardware, and other tech-related services. Sectors help analysts and investors understand market trends and make informed decisions.
In addition to economics, the term "sector" can also apply to geography, where it describes a specific area within a larger region. For instance, a city may be divided into various sectors for urban planning purposes. This organization aids in resource allocation and management.