Most important industry has a tendency to dominate the economies of undeveloped and producing nations, but as secondary and tertiary industries are designed, its share in the financial output tends to minimize.
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Increase to phrase listing Insert to term listing [ U ] the businesses and functions linked to the manufacture of merchandise available for purchase, esp. within a manufacturing facility:
enterprise could possibly be an inclusive expression but particularly designates the pursuits of Individuals engaged in the acquisition or sale of commodities or in similar financial transactions.
These examples are programmatically compiled from various online resources For instance existing use in the term 'industry.' Any thoughts expressed during the examples do not characterize People of Merriam-Webster or its editors. Deliver us feedback about these illustrations.
, which profits by advertising strategies towards the Ill. From Huffington Write-up Driving these marriages are the industry's individual problems. From CBS News To condition it simply, the science is in, as well as science says the industry
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Distinctive Factors Stocks Stocks throughout the exact same industry typically here rise and fall as a group as the identical macroeconomic things are very likely to affect all associates of the industry.
An industry is usually a classification that refers to a bunch of businesses. A company is undoubtedly an entity that is definitely operated to realize individual company goals.
The NAICS, produced by The usa, copyright, and Mexico, could be the normal by which federal government businesses classify corporations when compiling statistical details. Inside the NAICS hierarchy, firms that use similar output procedures are categorized in precisely the same industry.
industry relates to the generating of commodities, Specifically by producing or processing, generally on a significant scale.
You'll find 8 meanings shown in OED's entry for your noun industry, two of which happen to be labelled obsolete. See ‘This means & use’ for definitions, utilization, and quotation proof.
An extension of tertiary industry that is usually regarded as its very own sector, quaternary industry, is concerned with data-centered or know-how-oriented services. Such as the tertiary sector, it comprises a combination of private and federal government endeavours. Industries and routines On this sector consist of details units and data know-how (IT); analysis and development, which include technological enhancement and scientific investigation; monetary and strategic Assessment and consulting; media and communications technologies and expert services; and training, which include teaching and educational technologies and companies.