In terms of geographic categorization, which is the correct order from largest to smallest?

The correct order from largest to smallest in terms of geographic categorization is:

Continent, Sub-Continent, Country, Market, Tract/Sub-Market.

This hierarchy starts with the continent, which encompasses the largest geographical area, followed by sub-continents that represent major divisions within continents (like South Asia within Asia). Next is the country, which is a recognized political entity. From there, the categorization narrows down further to the market, which refers to a specific commercial area within a country. Finally, the tract or sub-market denotes even finer geographical subdivisions often used in hospitality and real estate contexts, representing smaller, localized areas within a market.

This progression highlights how geographical categories are organized in terms of scale and scope, allowing for a structured understanding of various regions and how they are utilized in different industry analysis contexts.