The four sectors of the Economy: 

Looking from the Macro - economic point of view, the economy in often divided into four sectors:- Household, Producing< Government and External sectors. These four sectors are in the following:-

Household Sector:  Households are all including consumers of good and services. Households are also the owners of the factors of production.

Producing sector: The producing sectors includes all those engaged in production activity. The producing sector includes all the units of production like firm, industries in the economy. the firm needs the factors of production for the production of goods - land, labour, capital and interrelationship.

The Government Sector:  The government is the another sector of the economy. The government is also engaged in maintaining law and order, defense, and other services of public welfare. therefore, it also act as the producer of the goods and services in the public sector enterprises.

The External Sector: The external sector is also called Rest of the World Sector. This sector is engaged in the export and import of the goods and services in the economy and the flow of capital between the domestic economy and the other countries of the world.