sectoral
B2Pronunciation
UK
- /sˈɛktərəl/
US
- /ˈsɛktərəl/
Description
- relating to one part of a larger system
- concerning a branch of the economy
- industry-specific
Imagine a pie cut into slices—each slice represents a different sector of the economy, such as agriculture, manufacturing, or services. When something is sectoral, it relates specifically to one (or more) of those slices. It's about understanding how changes impact particular parts of the bigger economic picture rather than the whole. You might hear about "sectoral shifts" when industries grow or decline, or a "sectoral analysis" that compares trends in healthcare versus technology.
Think of it like this: instead of talking about the economy as one big, indistinguishable blob, we break it down into manageable sections to understand what's really happening. A report on "sectoral employment," for instance, focuses on job growth or loss within specific industries, providing a more targeted and precise view than general national statistics.
The word sectoral describes something related to or divided into sectors—specifically, the distinct parts of an economy, society, or organization. While "sector" itself refers to a defined area or segment, the adjective sectoral emphasizes the analysis, policy, or impact within those segments. It highlights the fact that what affects one part of a system might not affect another in the same way.
Etymologically, "sector" comes from the Latin word for "one who cuts"—think of a tool cutting a circle into distinct geometric sections. This logic translates perfectly to its modern usage: breaking down complex systems into smaller, more specialized parts for better management or study.
In the realm of economics, sectoral is a foundational term. You will frequently encounter phrases like "sectoral reforms" (policy changes targeted at specific industries), "sectoral investment" (capital directed toward a particular area of the economy), or a "sectoral outlook" (a forecast for how a specific industry is expected to perform). For example, a government might announce sectoral support packages to help the tourism industry recover after a global crisis without necessarily bailing out the entire business world.
Beyond economics, sectoral can describe any system divided by function or group. This includes "sectoral representation" on a committee, where representatives are drawn from various social or professional groups, or even in biology, where it describes specific segments or regions of an organism. Ultimately, using the word sectoral allows you to move beyond broad generalizations and address the nuances of individual parts within a whole.
Examples
- 1
Pay comparison
The report shows clear sectoral differences in pay between manufacturing, retail, and finance.
- 2
Industry growth
Analysts expect sectoral growth to be strongest in renewable energy.
- 3
Government policy
The government introduced sectoral policies to support industries hit hardest by the slowdown.
- 4
Labor bargaining
In some countries, wages are set through sectoral bargaining rather than at each individual company.
Domain
sectoral bargaining
wage agreements made for a whole industry, not just one company
Forms and spellings
1 form open this card.
Main spelling
- sectoral