<p>It depends how industry and sectors are defined.  In a few settings they could be used to mean the same thing.  </p>

<p>However, <strong>usually</strong>, the term industry refers to a much more specific group of companies or businesses, while the term sector describes a large segment of the economy.</p>

<p>Industry can be used to define the group of organizations or firms that are engaged in the production of related goods or services.  The industry name will depend on the type of service or product made.     Sectors describes the division of the whole economy, which can consist of business groups(multiple industries) which are engaged in related or similar services or products. </p>

<p>Industry are a cluster of different firms while a sector are a group of different related industries.</p>

<p>Since an industry involves a particular process the scope it is more narrow while for a sector it relates to business activities which makes its scope wider. </p>

<p><a href="https://www.wallstreetmojo.com/industry-vs-sector/" rel="nofollow noreferrer">https://www.wallstreetmojo.com/industry-vs-sector/</a></p>

CC BY-SA 4.0
2020-06-11T10:01:43.007Z
2020-06-11T10:01:43.007Z
Mike J
<p><a href="https://www.economicshelp.org/blog/12436/concepts/sectors-economy/" rel="nofollow noreferrer">From a tutorial</a></p>

<blockquote>
  <p>The main sectors of the economy are: Primary <strong>sector</strong>, Secondary / manufacturing <strong>sector</strong>, Service / ‘tertiary’ sector, Quaternary sector</p>
</blockquote>

<p>which uses the word "sector", <a href="https://en.wikipedia.org/wiki/Manufacturing" rel="nofollow noreferrer">so does Wikipedia</a>.</p>

<p>While some other posts, e.g. the <a href="https://dictionary.cambridge.org/us/dictionary/english/manufacturing-industry" rel="nofollow noreferrer">Cambridge Dictionary</a>, and <a href="https://www.hq.nasa.gov/iwgsdi/Manufacturing.html" rel="nofollow noreferrer">hq.nasa</a> use another word "industry". Which one is the professional term?</p>

<economic-terms>
"manufacturing sector" vs. "manufacturing industries"
JJJohn
# "manufacturing sector" vs. "manufacturing industries"

(Asked by: username_0 on 2020-06-11)

[From a tutorial](https://www.economicshelp.org/blog/12436/concepts/sectors-economy/)

> The main sectors of the economy are: Primary **sector**, Secondary / manufacturing **sector**, Service / ‘tertiary’ sector, Quaternary sector

which uses the word "sector", [so does Wikipedia](https://en.wikipedia.org/wiki/Manufacturing).

While some other posts, e.g. the [Cambridge Dictionary](https://dictionary.cambridge.org/us/dictionary/english/manufacturing-industry), and [hq.nasa](https://www.hq.nasa.gov/iwgsdi/Manufacturing.html) use another word "industry". Which one is the professional term?

**Tags:** economic-terms


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## 1 answers

### Answer by username_1 on 2020-06-11. Score: 1 | Accepted answer

It depends how industry and sectors are defined. In a few settings they could be used to mean the same thing.

However, **usually**, the term industry refers to a much more specific group of companies or businesses, while the term sector describes a large segment of the economy.

Industry can be used to define the group of organizations or firms that are engaged in the production of related goods or services. The industry name will depend on the type of service or product made. Sectors describes the division of the whole economy, which can consist of business groups(multiple industries) which are engaged in related or similar services or products.

Industry are a cluster of different firms while a sector are a group of different related industries.

Since an industry involves a particular process the scope it is more narrow while for a sector it relates to business activities which makes its scope wider.

<https://www.wallstreetmojo.com/industry-vs-sector/>


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