Most important industry has a tendency to dominate the economies of undeveloped and producing nations, but as secondary and tertiary industries are developed, its share on the economic output has a tendency to reduce.
All significant industry agro-industry basic industry industry-led industry-broad inter-industry light industry See all meanings Idioms and phrases a hive of exercise/industry idiom
Person companies are usually assigned to an industry based on their largest sources of income. As an example, whilst an auto company may have a funding division that contributes ten% towards the organization’s Total revenues, the company might be categorised inside the automaker industry by most classification units as opposed to during the monetary companies industry.
Justice’s providers have compensated hundreds of A huge number of dollars in fines for all those violations, that happen to be rather popular and seen as a cost of performing company within the coal industry.
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the car/electronics/development industry In the development industry, as in other industries, mechanization has experienced a major impact.
Shares of companies functioning in the similar industry are inclined to acquire very similar stock selling price movements. This is because businesses in just a specified industry encounter the same headwinds, troubles, and wide triumphs.
Peace, also—or peace underneath the aged situations of industry—is infinitely wasteful of human Electrical power.
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Rite Support Corp. and Hole Inc. are members of exactly the same customer goods sector, but each is listed in another industry based upon the items that they produce or provide.
[ C ] the people today and routines linked to a single variety of enterprise that makes merchandise or provides companies:
Industries can be further grouped into sectors, which is a broader classification that features several industries. Companies within the exact sector may possibly respond equally to here some macroeconomic trends although not Other individuals.
Gentle, or smaller-scale, industry could be characterised by the nondurability of produced products and solutions as well as a lesser cash expenditure in vegetation and machines, and it may include nonstandard products, like custom-made or craft get the job done.
, 19 Aug. 2024 The Museum of Broadcast Communications has disclosed eight new Legends inductees in to the Radio Hall of Fame for 2024, honoring the skills and work of on-air personalities, programmers and operators who may have built considerable contributions on the radio industry