economic sector
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economic sector
A specific sector or area of the economy in which similar products are manufactured or services are offered. Synonymous with industry.
Die Automobilindustrie ist ein wichtiger Wirtschaftszweig in Deutschland.
The automotive industry is an important economic sector in Germany.
This word is made up of 'Wirtschaft' (economy) and 'Zweig' (branch). A 'Zweig' is part of a tree; here it is used metaphorically for a subarea or branch of the overall economy.
Die Informationstechnologie ist ein relativ neuer Wirtschaftszweig.
Information technology is a relatively new economic sector.
'Wirtschaftszweig' (economic sector) is often combined with adjectives that describe its importance or development. Typical examples are 'ein wichtiger' (an important), 'ein wachsender' (a growing), 'ein starker' (a strong), or 'ein bedeutender' (a significant) economic sector.
Der Tourismus ist für viele Küstenregionen der wichtigste Wirtschaftszweig.
Tourism is the most important economic sector for many coastal regions.
The word is often used with the preposition 'in' and the dative to express an activity or affiliation. A typical phrase is 'in einem Wirtschaftszweig tätig sein' (to work in an economic sector).
Mein Bruder ist im Wirtschaftszweig der erneuerbaren Energien tätig.
My brother works in the renewable energy sector.
industry
Both words refer to an area of the economy in which similar products are manufactured or services are offered. „Branche“ is more common in ordinary business and market contexts; „Wirtschaftszweig“ sounds more formal and factual-statistical. Choose „Branche“ in everyday contexts and „Wirtschaftszweig“ in formal classifications.
In der Statistik wird dieser Wirtschaftszweig getrennt ausgewiesen.
In the statistics, this economic sector is listed separately.
Viele Firmen aus der Branche treffen sich auf dieser Messe.
Many companies from the industry are meeting at this trade fair.
