6-Economics-Microeconomics-Business-Sectors

agriculture

Raising and processing food {agriculture} {farming, business} is a high-risk business. Weather and seasons cause farm prices to be unstable over short terms. Farmers typically need loans to plant and till, which they pay back after harvest. This situation increases risk. Small farms typically have low productivity and low income. Farmers typically expand production to take advantage of good years, resulting in too much food and thus lower prices.

construction

Businesses {construction} can produce buildings.

manufacturing

Businesses {manufacturing} can produce goods.

numismatics

coin collecting {numismatics}|.

placer mining

People can search river or glacier sand or gravel for minerals {placer mining}|.

public utility

communication, electricity, or natural-gas companies {public utility} {utility, business}.

real estate

Businesses can deal in land and buildings, plus property improvements, such as electricity, water, sewer, and telecommunications connections {real estate, business}|.

realty

real estate {realty}|.

service trade

Service trades {service trade} provide services.

telecommunications

telegraphy, telephone, radio, television, and Internet {telecommunications}|.

telegraphy

People can send messages, coded into long and short ons separated by offs, over wires {telegraphy}|.

telemetry

People can send messages, coded into long and short ons separated by offs, by radio {telemetry}|.

wire service

News organizations send articles, movies, and photographs over radio to subscribers {wire service}|.

6-Economics-Microeconomics-Business-Sectors-Finance

finance

banking and stock markets {finance, sector}.

bank

Institutions {bank}| hold and lend money. Money is in checking or savings accounts.

savings and loan

Institutions {savings and loan}| {credit union} can have members who save money and receive loans.

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6-Economics-Microeconomics-Business

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Date Modified: 2022.0225