Traditional Culture Encyclopedia - Traditional culture - Is real estate a real industry?
Is real estate a real industry?
Entity industry refers to economic activities such as the production and circulation of material and spiritual products and services. Including agriculture, industry, communications, commercial services, construction and other material production and service departments, but also including education, culture, knowledge, information, art, sports and other spiritual products production and service departments. The real economy has always been the foundation for the survival and development of human society. Traditionally, the real economy refers to those departments or industries that are related to the national economy and people's livelihood. The most typical ones are machinery manufacturing, textile processing, construction and installation, petrochemical smelting, planting and mining, transportation and so on.
Virtual economy is the superstructure of this social economy. It does not create wealth itself, but only plays a role in regulating the operation of the real economy. Virtual economy is based on the financial system. Financial institutions, financial instruments and financial markets
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