Major industry tends to dominate the economies of undeveloped and creating nations, but as secondary and tertiary industries are developed, its share of your financial output has a tendency to minimize.
All weighty industry agro-industry basic industry industry-led industry-broad inter-industry gentle industry See all meanings Idioms and phrases a hive of exercise/industry idiom
Purely natural Solutions Prior to the period of plastics as well as the development of countless other person-created compounds, industrious people relied on By natural means taking place assets. Unprocessed or minimally processed products remain important to these days’s modern day industry.
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These examples are programmatically compiled from several on line resources For instance recent use of the phrase 'industry.' Any views expressed in the examples usually do not symbolize These of Merriam-Webster or its editors. Deliver us feedback about these examples.
What exactly is an Industry? The phrase "industry" is really a classification for a bunch of businesses which have identical company pursuits. In modern economies, you will find dozens of industry classifications. Industries typically are grouped into much larger classes referred to as sectors.
Investors and consultants claimed the dispute troubled them, In particular given Murray’s standing in the organization and from the money industry overall.
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Licensee: Definition and Types A licensee is a business, entity, or particular person which includes authorized authorization to conduct actions using something which Yet another bash owns or controls.
The NAICS, produced by the United States, copyright, and Mexico, is definitely the typical by which government agencies classify firms when compiling statistical details. During the NAICS hierarchy, firms that use very similar creation processes are classified in the identical industry.
Firms inside of an industry generally conduct likewise resulting from macroeconomic problems that assist or damage all providers with equivalent consumer bases or solutions.
Even so, occasions connected to one particular small business particularly can cause the connected stock to rise or fall independently from others throughout the similar industry. This may be the result of situations like a differentiating product launch, a company scandal in the information, or maybe a change in leadership buildings.
captain of industry cottage industry development industry significant industry inter-industry mild industry multi-industry support industry sub-industry