5 Essential Elements For industry

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industry applies to the making of commodities, Primarily by manufacturing or processing, commonly on a big scale.

Archaeology. an assemblage of artifacts considered unmistakably the get the job done of only one prehistoric team.

[ C ] disapproving something which is developed or is available in massive portions and can make a lot of cash:

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Traders looking for better carrying out stocks and ETFs typically study the very best undertaking industries together with enjoy industry rankings for alterations. As an example, traders may well see a red flag where by an expense is worried if they see an industry which is declined in rank.

the economic system grows/​expands/​shrinks/​contracts/​slows (down)/recovers/​improves/​is booming

An industry is usually a classification that read more refers to a bunch of businesses. A company is surely an entity that may be operated to achieve certain company aims.

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Gentle, or modest-scale, industry may very well be characterized by the nondurability of produced solutions along with a more compact cash expense in vegetation and devices, and it may include nonstandard merchandise, which include customized or craft function.

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An extension of tertiary industry that is usually identified as its have sector, quaternary industry, is concerned with data-based or expertise-oriented services. Much like the tertiary sector, it comprises a mix of private and govt endeavours. Industries and functions During this sector consist of data units and data know-how (IT); investigate and enhancement, such as technological advancement and scientific analysis; economic and strategic analysis and consulting; media and communications systems and companies; and training, including instructing and academic technologies and expert services.

These examples are from corpora and from resources on the internet. Any views while in the illustrations will not symbolize the opinion with the Cambridge Dictionary editors or of Cambridge College Push or its licensors.

industry figures/facts/common The car maker spends $581 much more on distribution for each car when compared to the industry common.

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