Principal industry has a tendency to dominate the economies of undeveloped and developing nations, but as secondary and tertiary industries are designed, its share of the financial output has a tendency to reduce.

He bolstered the profits workers and established out just after new prospects in finance, healthcare, along with other industries.

Include to phrase listing Increase to term list [ U ] the businesses and actions involved with the manufacture of goods available, esp. inside a manufacturing facility:

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These examples are programmatically compiled from numerous online resources As an example present use on the word 'industry.' Any views expressed inside the illustrations usually do not represent All those of Merriam-Webster or its editors. Deliver us feed-back about these examples.

the vehicle/electronics/construction industry In the construction industry, as in other industries, mechanization has experienced a major impression.

Shares of providers running inside the identical industry tend to have similar stock cost actions. It's because organizations within a offered industry experience the same headwinds, challenges, and broad triumphs.

Peace, also—or peace underneath the old disorders of industry—is infinitely wasteful of human Power.

The airline industry objects that from time to time these deployable recorders can pop out devoid of cause, spreading Unnecessary alarm.

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[ C ] the people today and things to do involved in 1 type of enterprise that makes products or provides solutions:

This sector of the nation’s economic climate features agriculture, forestry, fishing, mining, quarrying, as well check here as the extraction of minerals. It might be divided into two types: genetic industry, such as the production of raw elements Which might be elevated by human intervention within the output course of action; and extractive industry, including the production of exhaustible raw products that can not be augmented through cultivation.

These macroeconomic things could be variations in sector sentiment over the Element of traders, such as a reaction to a certain occasion or bit of information. They can be alterations involving the industry itself, like new polices or greater raw product fees.

It’s crucial that you Take note that an individual company can reside in two distinctive industries or two various sectors. As well as staying inside The buyer items sector, Ceremony Aid is taken into account Section of the personal services sector likewise, in the photofinishing laboratories industry.