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Sectional curvatures in all directions at p determine the curvature tensor completely, and in a way is more usefull geometric notion.
Riemannian manifolds with constant sectional curvature are the most simple. By rescaling the metric there are three possible cases - negative curvature -1 - hyperbolic geometry, zero curvature - Euclidean geometry, or positive curvature +1 - elliptic geometry. The model manifolds for the three geometries are hyperbolic space, Euclidean space and a sphere. They are the only complete, simply connected Riemannian manifolds of given sectional curvature, and all other complete constant curvature manifolds are quotients of those by some group of isometries .