The division of economy on industries is the first level of global economic system categorization. This term is used mainly in management, economics, law and other disciplines.
There are many types of industries:
- chemical industry,
- metal industry,
- clothing industry,
- mineral and mining industry,
- economic sector, etc.
There are industries which include other industry, for example commodity industry which in turn is divided into:
- the manufacturing sector - which includes indystries such as meat industry, gas, electrical industry etc..
- the commercial sector - includes a set of complementary products which meet specific consumer needs.
- Jovanovic, B. (1982). Selection and the Evolution of Industry. Econometrica: Journal of the Econometric Society, 649-670.