Key industry tends to dominate the economies of undeveloped and acquiring nations, but as secondary and tertiary industries are created, its share with the financial output tends to lower.
All significant industry agro-industry simple industry industry-led industry-huge inter-industry gentle industry See all meanings Idioms and phrases a hive of activity/industry idiom
organized financial exercise worried about manufacture, extraction and processing of raw supplies, or design
organization could possibly be an inclusive time period but particularly designates the actions of Those people engaged in the purchase or sale of commodities or in similar economic transactions.
Occupation gains in assistance industries including overall health treatment and banking offset losses in this kind of places as building.
the car/electronics/building industry In the construction industry, as in other industries, mechanization has experienced a major impression.
Stocks of corporations functioning in the very same industry are inclined to own identical inventory selling price actions. This is because organizations inside a provided industry experience the exact same headwinds, worries, and broad triumphs.
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Archaeology. an assemblage of artifacts thought to be unmistakably the get the job done of only one prehistoric team.
[countable] the persons and activities involved in making a selected detail, or in providing a selected service
SMART Vocabulary: connected words and phrases Industry & industrial procedures additive manufacturing biomanufacturing carding cleantech compression molding inter-industry just-in-time light-weight industry machine carding manufacture prefabricated prefabrication quality assurance excellent Handle reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See far more outcomes »
industry figures/details/ordinary The car maker spends $581 much more on distribution for each auto compared to the industry common.
These macroeconomic factors could be improvements in market sentiment within the Component of buyers, for instance a reaction to a selected party or bit of information. They can even be changes involving the industry alone, which include new regulations or elevated raw materials fees.
An extension of tertiary industry that is frequently identified as its individual sector, quaternary industry, is concerned with details-based mostly or knowledge-oriented products and services. Such as the tertiary sector, it comprises a mixture of personal and governing administration endeavours. Industries and things to do During this more info sector include details techniques and knowledge technological innovation (IT); investigate and enhancement, like technological enhancement and scientific research; money and strategic Assessment and consulting; media and communications technologies and products and services; and schooling, including training and educational technologies and services.