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Major industry tends to dominate the economies of undeveloped and establishing nations, but as secondary and tertiary industries are made, its share of your financial output has a tendency to lessen.

All large industry agro-industry standard industry industry-led industry-large inter-industry mild industry See all meanings Idioms and phrases a hive of action/industry idiom

Increase to term record Insert to word checklist [ U ] the companies and things to do involved in the creation of merchandise:

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These examples are programmatically compiled from a variety of on line resources For example current use with the phrase 'industry.' Any viewpoints expressed from the examples will not characterize those of Merriam-Webster or its editors. Send out us opinions about these illustrations.

That is especially correct of anything to carry out Together with the defence industry, the aircraft industry and so forth.

Shares of firms operating within the very same industry tend to possess identical stock price tag movements. This is because companies inside of a supplied industry experience precisely the same headwinds, problems, and wide triumphs.

Buyers searching for improved doing shares and ETFs frequently review the very best performing industries as well as observe industry rankings for changes. By way of example, traders could see a red flag in which an investment is concerned after they see an industry that is declined in rank.

The airline industry objects that sometimes these deployable recorders can pop out with check here no cause, spreading Useless alarm.

Chemical Products Despite the fact that mother nature offers us which has a staggering level of purely natural resources, humankind has also created utilization of a great selection of male-built compounds and substances.

[ C ] the individuals and routines involved in just one variety of enterprise that creates goods or gives providers:

industry figures/data/normal The auto maker spends $581 extra on distribution per car or truck as opposed to industry average.

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It’s imperative that you Be aware that only one firm can reside in two unique industries or two unique sectors. Along with being within just the consumer merchandise sector, Ceremony Support is considered part of the private solutions sector likewise, within the photofinishing laboratories industry.

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