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energy>Ethan.boechler at 20:27, 10 September 2021

2021-09-10T20:27:42Z

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	[[Category:Done 2020-02-29]]		[[Category:Done 2020-02-29]]
			[[Category:Translated to French]]
			[[fr:Secteur économique]]
	In order to talk meaningfully about the various activities within a country, economists will often divide the economy into parts called '''sectors'''.<ref name=Ox_econ>"A Dictionary of Economics" published Oxford University Press, 2013. Edited by John Black, Nigar Hashimzade, and Gareth Myles Online version accessed [January 16th, 2020].</ref> There are many different ways of dividing the economy into sectors. For example, one could separate the economy into:		In order to talk meaningfully about the various activities within a country, economists will often divide the economy into parts called '''sectors'''.<ref name=Ox_econ>"A Dictionary of Economics" published Oxford University Press, 2013. Edited by John Black, Nigar Hashimzade, and Gareth Myles Online version accessed [January 16th, 2020].</ref> There are many different ways of dividing the economy into sectors. For example, one could separate the economy into:
	*'''The public sector''' - parts of the economy controlled by any level of government. This includes public schools (at any level), libraries or national parks. It would also includes government run companies which are often called crown corporations in Canada.		*'''The public sector''' - parts of the economy controlled by any level of government. This includes public schools (at any level), libraries or national parks. It would also includes government run companies which are often called crown corporations in Canada.

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energy>Maddy Strange at 15:33, 17 April 2020

2020-04-17T15:33:11Z

New page

[[Category:Done 2020-02-29]]
In order to talk meaningfully about the various activities within a country, economists will often divide the economy into parts called '''sectors'''.<ref name=Ox_econ>"A Dictionary of Economics" published Oxford University Press, 2013. Edited by John Black, Nigar Hashimzade, and Gareth Myles Online version accessed [January 16th, 2020].</ref> There are many different ways of dividing the economy into sectors. For example, one could separate the economy into:
*'''The public sector''' - parts of the economy controlled by any level of government. This includes public schools (at any level), libraries or national parks. It would also includes government run companies which are often called crown corporations in Canada.
*'''The private sector''' - parts of the economy ''not'' controlled by the government at any level.<ref name=Ox_econ/> This includes companies that aren't run by the government, not-for-profit organizations and even individual households.

Another way to separate the economy could be: the public sector, the corporate sector (all corporations) and the personal sector (people and any business that hasn't been incorporated).<ref name=Ox_econ/>

There are many ways other ways of dividing up the economies; from an '''energy generation''' perspective it makes sense to look at the economy as divided into:

*'''The primary sector''' - parts of the economy using [[natural resource]]s directly. This is all economic activity directly tied to any sort of resource extraction, including mining, [[agricultural energy use|agriculture]], forestry or fishing. [[Primary energy]] extraction, getting [[primary fuel]]s and [[primary energy flow]]s from nature, would be part of the primary sector. This sector also uses a fair amount of energy as well as extracting it from nature.
*'''The secondary sector''', more commonly called '''the manufacturing sector''' - parts of the economy producing [[goods and services|goods]] through some manufacturing process (as opposed to raw resources extracted from nature). This sector transforms a lot of energy from the primary sector into more useful forms. This sector includes making [[energy currency|energy currencies]] like [[electricity]], as well as [[Oil refinery| refining]] extracted [[crude oil]] into [[oil product]]s like [[gasoline]], [[kerosene]] and [[diesel]].
*'''The tertiary sector''' more commonly called ''' the service sector''' parts of the economy that focus on providing a [[goods and services|service]] as opposed to a product. This includes banking, health services, retail sales, restaurants, education and administration.<ref name=Ox_econ/>

[[File:Screenshot 2020-01-27 at 2.01.17 PM.png|800px|thumb|center|Figure 1. Different sectors use different inputs and have different outputs. The primary sector extracts natural resources. The secondary sector transforms those resources into products a user would want to buy. The tertiary sector provides services. <ref> Created internally by the Energy Education team </ref>]]

From an energy consumption perspective, it makes sense to divide the economy as being divided into the industrial, transportation, commercial and residential sectors.<ref name=IEO>"International Energy Outlook 2019", Online version accessed January 16th, 2020. https://www.eia.gov/outlooks/ieo/pdf/ieo2019.pdf</ref>
*'''The industrial sector''' - The part of the economy that includes extraction (mining), agriculture, fish, forestry, construction and manufacturing of goods (much of the first primary and secondary sectors above).<ref name=dictionary_env_and_cons> "A Dictionary of Environment and Conservation" edited by Chris Park. 1st edition, published Oxford University Press 2012.</ref> This sector uses more than half of the world's energy.<ref name=IEO/>
*'''The transportation sector''' - The part of the economy that involves moving people, goods and commodities around. This includes both government owned transportation (like buses) and private owned transportation (like a person's car, or a taxi) <ref name = dictionary_env_and_cons/> The transportation sector is run mostly by various [[oil product]]s like [[gasoline]], and [[diesel]].<ref name =IEO/>
*'''The commercial sector''' - This part of the economy involves businesses that don't manufacture or transport. Any businesses providing health services, education or financial services would be in this sector (very similar to the tertiary sector above).<ref name = dictionary_env_and_cons/>
*'''The Residential sector''' - This part of the economy represents all of the activity of people living their lives in their homes. This excludes transportation energy, since that's in the transportation sector. In some countries the residential sector includes growing food for personal use (which can be confusing compared to the agricultural portion of the industrial sector).

Figure 2 below shows the energy use by each sector in [[OECD]] (wealthy) countries and non-OECD countries.

[[File:energy_use_by_sector.png|820px|center|thumb|Figure 2. Global energy consumption (EIA), current and projected energy use by sector (units are [[quad]]s). Note industrial sector is the largest consumer of energy and that the energy use of [[OECD]] (wealthy) countries aren't growing nearly as fast as the non-OECD countries.<ref>This graph was taken from the report by the Energy Information Agency; International Energy Outlook 2019 available https://www.eia.gov/outlooks/ieo/pdf/ieo2019.pdf accessed April 13th, 2020.</ref>]]

All of the above divisions of the economy (and many more!) are used depending on what someone is [[model]]ing.

==For Further Reading==
*[[Goods and services]]
*[[Energy use by sector]]
*[[Primary energy]]
*Or explore a [[Special:Random|random page]]

==References==
{{reflist}}

Economic sector - Revision history

Jmdonev: 1 revision imported

energy>Ethan.boechler at 20:27, 10 September 2021

Jmdonev: 1 revision imported

energy>Maddy Strange at 15:33, 17 April 2020