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commercial sector:

the segment of an economy the doesn't produce goods. It is, however, made up of business enterprises that deal and transact in goods and services. The website, Business, defines commercial sector as enterprises not engaged in farming, manufacturing, or transportation (source of quote). Clark Public Utilities, Vancouver, WA, explains the difference between the commercial and industrial sectors.

A commercial enterprise is an organized effort intended to provide a service or product within an economy (source of quote) while also intended to have earning power and make a profit. It's an enterprise that is a business in the sense that it seeks to profit from engaging in the trade of goods, services, or both to consumers (source of quote).

related: commerce; industry; trade; enterprise development; industrial development

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FYI: definition of commercial sector of the economy define commercial of the economy what is the commercial sector of the economy definition of commercial enterprise what are commercial enterprises define commercial enterprise


Economic Development Services, Inc. / copyrights and all rights reserved / 11/13/2012