Key industry tends to dominate the economies of undeveloped and producing nations, but as secondary and tertiary industries are created, its share of your financial output tends to lower.
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the financial system grows/expands/shrinks/contracts/slows (down)/recovers/enhances/is booming
These illustrations are from corpora and from sources on the internet. Any viewpoints during the examples do not symbolize the feeling of your Cambridge Dictionary editors or of Cambridge University Push or its licensors.
Industries vs. Sectors Sectors and industries are classifications accustomed to group related varieties of company functions. Nevertheless, sectors are broader than industries.
Insert to term list Insert to term list B2 [ U ] the businesses and things to do involved in the process of creating goods available for sale, particularly in a manufacturing facility or Specific place:
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; it's not like it happened overnight. From TIME The time to be oh-so-polite with regard to the industry's filthy tiny top secret is above. From CNN We should always want workers to move into new industries that serve our wants.
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Rite Help Corp. and Gap Inc. are customers of exactly the same consumer goods sector, but Every is outlined in a distinct industry based on the products that they generate or offer.
Wise Vocabulary: connected phrases and phrases Industry & industrial processes additive production biomanufacturing carding cleantech compression molding inter-industry just-in-time gentle industry equipment carding manufacture prefabricated prefabrication good quality assurance high quality Command reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See far more outcomes »
Corporations inside of an industry usually accomplish similarly on account of macroeconomic disorders that assistance or damage all organizations with similar purchaser bases or items.
You will find eight meanings shown in OED's entry with the noun industry, two of which might be labelled out of date. See ‘Indicating & use’ for definitions, utilization, and quotation evidence.
But for the most part even check here industry and endowment were powerless versus the inertia of tailor made as well as lifeless-bodyweight of atmosphere.