SECTOR vs INDUSTRY. (Straight to the Point) #528

In around two minutes you will know what are the differences between Sector and Industry. You will get both professional definition and easy explanation. No intro, no outro, straight to the point.

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The main difference between a Sector and an Industry is the segment size within the economy.

And if you are not sure what sectors or industries mean individually, feel free to watch my previous videos.

And here is an example.

A sector is a large segment of the economy. While an industry is narrower, more specific area within a sector.

Which basically means, that one sector can have multiple industries inside of it.

For example, healthcare sector can have biotechnology, drug manufacturers, medical devises, and pharmaceutical retailers within it.

A company always belongs to one sector and one industry. And the reason why would an investor need to know which sector and industry a company belongs to, is to make the investment analysis easier and more precise.

Because you should always compare companies within the same industry.

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*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

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#sector_vs_industry #industry_vs_sector #industry #sector #sector_vs_industry_differences #sector_vs_industry_stock_market #sector_vs_industry_economics #sector_vs_industry_the_russian_dude #the_russian_dude

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