What is an example of a commercial sector?
What is an example of a commercial sector? The sector includes service businesses, such as shops and stores, hotels and motels, restaurants, and hospitals, as well as a wide range of facilities that would not be considered commercial in a traditional economic sense, such as public schools, specialized governmental facilities, and religious organizations.
Why is it called commercial?
An al was added to commerce, and it meant pertaining to trade. It wasn't until the 1870's that commercial meant “done for the sake of financial profit,” and then later in the 1930's, the noun form was refined to describe “an advertisement broadcast on radio or TV.”