Principal industry tends to dominate the economies of undeveloped and building nations, but as secondary and tertiary industries are made, its share of the economic output tends to lessen.

Below and there Fantastic industry or remarkable potential lifted the artisan to prosperity and turned the "gentleman" into your "grasp."

arranged economic action concerned with manufacture, extraction and processing of Uncooked components, or building

company can be an inclusive time period but specifically designates the routines of Individuals engaged in the acquisition or sale of commodities or in similar economic transactions.

These illustrations are programmatically compiled from numerous on-line resources For example recent utilization from the phrase 'industry.' Any views expressed in the examples do not signify People of Merriam-Webster or its editors. Deliver us feedback about these illustrations.

What on earth is an Industry? The term "industry" is often a classification for a bunch of organizations that have comparable enterprise pursuits. In fashionable economies, you will find dozens of industry classifications. Industries usually are grouped into greater categories referred to as sectors.

Browse industrials phrase industrious industriously industriousness industry industry Assessment industry analyst industry association industry leader #randomImageQuizHook.filename #randomImageQuizHook.isQuiz Take a look at your vocabulary with our enjoyable impression quizzes

; it isn't like it occurred overnight. From TIME Enough time being oh-so-polite regarding the industry's filthy little magic formula is over. From CNN We must always want staff to maneuver into new industries that provide our requirements.

Unique Factors Stocks Stocks within the exact same industry usually rise and drop as a gaggle since the very same macroeconomic components are prone to impression all customers of an industry.

[countable] the people and things to do linked to producing a certain detail, or in supplying a selected provider

The genetic industries include agriculture, forestry, and livestock management and fishing—all of that happen to be subject to scientific and technological improvement of renewable sources.

This sector of the nation’s economic climate incorporates agriculture, forestry, fishing, mining, quarrying, and also the extraction of minerals. It could be divided into two categories: genetic industry, such as the manufacture of Uncooked components That could be improved by human intervention from the generation system; and extractive industry, such as the creation of exhaustible Uncooked products that can not be augmented through cultivation.

You'll find eight meanings detailed in OED's entry for your noun industry, two of that are website labelled out of date. See ‘That means & use’ for definitions, usage, and quotation evidence.

An extension of tertiary industry that is usually recognized as its have sector, quaternary industry, is concerned with information-based or awareness-oriented services and products. Like the tertiary sector, it comprises a mix of personal and government endeavours. Industries and functions Within this sector include things like info techniques and knowledge know-how (IT); study and growth, including technological improvement and scientific investigation; money and strategic Investigation and consulting; media and communications technologies and companies; and schooling, which include teaching and educational technologies and providers.