Commercial sector: meaning, definitions and examples
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commercial sector
[ ˈkɒməʃəl ˈsɛktər ]
business
The commercial sector refers to the part of the economy that is made up of businesses and industries that are engaged in the buying and selling of goods and services for profit.
Synonyms
Examples of usage
- The commercial sector includes retail stores, restaurants, banks, and manufacturing companies.
- Many people work in the commercial sector, contributing to economic growth.
- In the commercial sector, competition is fierce as companies strive to attract customers and make profits.
Translations
Translations of the word "commercial sector" in other languages:
🇵🇹 setor comercial
🇮🇳 वाणिज्यिक क्षेत्र
🇩🇪 kommerzieller Sektor
🇮🇩 sektor komersial
🇺🇦 комерційний сектор
🇵🇱 sektor komercyjny
🇯🇵 商業部門
🇫🇷 secteur commercial
🇪🇸 sector comercial
🇹🇷 ticari sektör
🇰🇷 상업 부문
🇸🇦 القطاع التجاري
🇨🇿 komerční sektor
🇸🇰 komerčný sektor
🇨🇳 商业部门
🇸🇮 komercialni sektor
🇮🇸 viðskiptageiri
🇰🇿 коммерциялық сектор
🇬🇪 კომერციული სექტორი
🇦🇿 kommersiya sektoru
🇲🇽 sector comercial
Word origin
The term 'commercial sector' originated from the Latin word 'commercium' which means 'trade' or 'commerce'. Throughout history, the commercial sector has played a crucial role in the growth and development of economies around the world. With the rise of capitalism, the commercial sector became a dominant force in shaping modern economies and societies.