21. Sector (definition)
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NOTE: if you’re new to Ground-Up Governance, or are finding anything a bit strange or confusing, you might want to START HERE.
Corporations fall into lots of different categories based on lots of different characteristics. One word people use to refer to those categories collectively is “sector.” “Sector” is a word that gets used in different ways and so can be confusing. For instance, sometimes “sector” refers to the type of business that a corporation does – mining, groceries, and TikTok makeup tutorials are some examples. That’s not what “sector” means in Ground-Up Governance. From now on “sector” refers to a corporation’s more fundamental purpose. Our next few posts will define some of them.