This is the 12743rd most frequent German word.
wirtschaftsbereich
"Wirtschaftsbereich" means "economic sector" or "industry."
Here, 'Wirtschaftsbereich' is used to identify a specific segment within the economy, tourism.
Der Tourismus ist ein wichtiger Wirtschaftsbereich in Deutschland.
Tourism is an important economic sector in Germany.
In this context, 'Wirtschaftsbereich' refers to general sectors within the economy that need to keep up with technological advancements.
Jeder Wirtschaftsbereich muss sich an neue Technologien anpassen.
Every economic sector must adapt to new technologies.
Here, 'Wirtschaftsbereiche', the plural form of 'Wirtschaftsbereich', indicates multiple economic sectors being targeted for investments.