# Industry and Market

**IRI:** https://folio.openlegalstandard.org/R8f4qGdjxuiQary8OBpq8W9

## Labels

**Preferred Label:** Economic Sectors

## Definition

Industry and markets refer to the collective sectors and segments within an economy that produce, distribute, and sell goods and services. This encompasses various industries such as agriculture, technology, and finance, as well as different market segments like luxury goods, budget services, and regional businesses

## Sub Class Of

- http://www.w3.org/2002/07/owl#Thing

## Parent Class Of

- https://folio.openlegalstandard.org/R8UG79BtYP2uqnKNklLYXB8
- https://folio.openlegalstandard.org/RDIwFaFcH4KY0gwEY0QlMTp

**Deprecated:** False