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  2. Financial services - Wikipedia

    en.wikipedia.org/wiki/Financial_services

    Conglomerates – A financial services company, such as a universal bank, that is active in more than one sector of the financial services market e.g. life insurance, general insurance, health insurance, asset management, retail banking, wholesale banking, investment banking, etc. A key rationale for the existence of such businesses is the ...

  3. Three-sector model - Wikipedia

    en.wikipedia.org/wiki/Three-sector_model

    Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.

  4. Financial system - Wikipedia

    en.wikipedia.org/wiki/Financial_system

    A modern financial system may include banks (public sector or private sector), financial markets, financial instruments, and financial services. Financial systems allow funds to be allocated, invested, or moved between economic sectors, and they enable individuals and companies to share the associated risks.

  5. The 2 Sectors Driving Growth in Financial Services - AOL

    www.aol.com/news/2013-06-20-the-2-sectors...

    In the current issue of The Journal of Economic Perspectives, economists present data that shows traditional consumer banking and asset management were the forces behind outsized growth in the ...

  6. Industry classification - Wikipedia

    en.wikipedia.org/wiki/Industry_classification

    At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a society's activities within each sector changes.

  7. Financialization - Wikipedia

    en.wikipedia.org/wiki/Financialization

    Share in GDP of US financial sector since 1860 [1]. Financialization (or financialisation in British English) is a term sometimes used to describe the development of financial capitalism during the period from 1980 to present, in which debt-to-equity ratios increased and financial services accounted for an increasing share of national income relative to other sectors.

  8. Economic sector - Wikipedia

    en.wikipedia.org/wiki/Economic_sector

    Three sectors according to Fourastié Clark's sector model. One classical breakdown of economic activity distinguishes three sectors: [1] Primary: involves the retrieval and production of raw-material commodities, such as corn, coal, wood or iron. Miners, farmers and fishermen are all workers in the primary sector.

  9. These 4 Key Sectors Can Be Especially Profitable In A ... - AOL

    www.aol.com/news/4-key-sectors-especially...

    Luckily, a few sectors thrive during rate hikes, including financial services, real es. With record inflation, the Federal Reserve has drastically raised interest rates from 0.25% to 1.75% over ...