A country’s economy can be broadly divided into three sectors, where any given business present within this economy can be classified as belonging to one of these sectors.
The financial services field is a very important one in any economy, and is normally classified as belonging to the tertiary sector. The services and goods given by businesses in the financial sector will naturally vary from country to country, but generally they will incorporate the central bank, private banks, mortgage banks, insurance and pension funds amidst some others. These various financial institutions supply a variety of services to its clients, but one common denominator in all these varieties of services is that they deal with money in one shape or another. Banks, like La Caixa and Banco of East China, make up a huge percentage of the financial field in any country. The biggest role of any bank is to lend money and keep money of its clientele.
Robotics is a relatively young sector, but it's one of the quickest growing types of industry too. Robotics is likewise a really remarkable industry, with many specialists doing work hand and hand to develop innovations that can help us live better lives. Robots are a type of a machine that have some independent capabilities, meaning they do not need any external control to function. The varieties of robots vary widely, from exceptionally basic machines that are programmed to do rather easy and recurring tasks, to the most advanced ones that can self-learn and develop. Artificial intelligence, or AI, is the term most often connected with robotics. Artificial intelligence, shown by machines, is commonly put into distinction with natural intelligence, which is shown by humans. Specialists from such varied areas as engineering, genetics, IT and psychology all come together to work on assorted AI initiatives. There are a lot of private companies that support such projects, like Tecent and Nvidia for example.
The forestry sector, or as it's occasionally known the wood industry may not be as big as it once was, but it is still a major element of the economy in many places. Companies, which are typically private, are engaged in such activities as logging, timber trade and the manufacture of forest products. A few instances of businesses engaged in the forestry field include Weyerhaeuser and Louisiana-Pacific. Another big element of this sector is silviculture, which is particularly concerned with forest plants. Whilst silviculture is not immediately related to extraction of wood, it's still grouped in the same sector. This sector can be classified as belonging to the primary sector as it displays features of primary sector, the extraction of raw materials, here being the wood, that can then be utilised in the manufacture of a different item.