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Jump to navigationJump to searchCreated page with 'File:lighterstill.jpgright|frame ==Etymology== [http://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERI...'
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==Etymology==
[http://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] (Scots) industrie, from Middle French, from [[Latin]] industria, from industrius diligent, from Old Latin indostruus, perhaps from indu in + -struus (akin to Latin struere to build)
*Date: [http://www.wikpedia.org/wiki/15th_Century 15th century]
==Definitions==
*1 : [[diligence]] in an employment or pursuit; especially : steady or [[habitual]] [[effort]]
*2 a : systematic [[labor]] especially for some useful [[purpose]] or the creation of something of [[value]]
:b : a department or branch of a craft, [[art]], [[business]], or manufacture; especially : one that employs a large personnel and [[capital]] especially in [[manufacturing]]
:c : a distinct [[group]] of productive or [[profit]]-making [[enterprises]] <the banking industry>
:d : manufacturing [[activity]] as a whole <the nation's industry>
*3 : [[work]] [[devoted]] to the [[study]] of a particular subject or [[author]] <the Shakespeare industry>
==Synonym==
*[[Business==
==Description==
'''Industry''' refers to the production of an [[economic]] good (either [[material]] or a [[service]]) within an [[economy]]. There are four key industrial [[economic]] sectors: the primary sector, largely raw [[material]] extraction industries such as mining and farming; the secondary sector, involving refining, construction, and [[manufacturing]]; the tertiary sector, which deals with [[services]] (such as [[law]] and [[medicine]]) and [[distribution]] of [[manufactured]] goods; and the quaternary sector, a [[relatively]] new [[type]] of [[knowledge]] industry focusing on technological [[research]], [[design]] and [[development]] such as computer programming, and biochemistry. A fifth, quinary, sector has been proposed [[encompassing]] nonprofit [[activities]]. The economy is also broadly separated into [[public]] sector and [[private]] sector, with industry generally categorized as [[private]]. Industries are also any [[business]] or [[manufacturing]].
Industry in the sense of [[manufacturing]] became a key sector of production and labour in European and North American countries during the [http://en.wikipedia.org/wiki/Industrial_Revolution Industrial Revolution], which upset previous mercantile and feudal economies through many [[successive]] rapid advances in [[technology]], such as the steel and coal production. It is aided by [[technological]] advances, and has continued to [[develop]] into new [[types]] and sectors to this day. Industrial countries then assumed a [[capitalist]] [[economic]] policy. [http://en.wikipedia.org/wiki/Railroad Railroads] and [http://en.wikipedia.org/wiki/Steamboat steam-powered ships] began speedily [[establishing]] links with previously unreachable world markets, enabling [[private]] companies to develop to then-unheard of size and [[wealth]]. Following the [http://en.wikipedia.org/wiki/Industrial_Revolution Industrial Revolution], perhaps a third of the world's economic output is derived from [[manufacturing]] industries—more than [[agriculture]]'s share.
[[Category: Economics]]
==Etymology==
[http://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] (Scots) industrie, from Middle French, from [[Latin]] industria, from industrius diligent, from Old Latin indostruus, perhaps from indu in + -struus (akin to Latin struere to build)
*Date: [http://www.wikpedia.org/wiki/15th_Century 15th century]
==Definitions==
*1 : [[diligence]] in an employment or pursuit; especially : steady or [[habitual]] [[effort]]
*2 a : systematic [[labor]] especially for some useful [[purpose]] or the creation of something of [[value]]
:b : a department or branch of a craft, [[art]], [[business]], or manufacture; especially : one that employs a large personnel and [[capital]] especially in [[manufacturing]]
:c : a distinct [[group]] of productive or [[profit]]-making [[enterprises]] <the banking industry>
:d : manufacturing [[activity]] as a whole <the nation's industry>
*3 : [[work]] [[devoted]] to the [[study]] of a particular subject or [[author]] <the Shakespeare industry>
==Synonym==
*[[Business==
==Description==
'''Industry''' refers to the production of an [[economic]] good (either [[material]] or a [[service]]) within an [[economy]]. There are four key industrial [[economic]] sectors: the primary sector, largely raw [[material]] extraction industries such as mining and farming; the secondary sector, involving refining, construction, and [[manufacturing]]; the tertiary sector, which deals with [[services]] (such as [[law]] and [[medicine]]) and [[distribution]] of [[manufactured]] goods; and the quaternary sector, a [[relatively]] new [[type]] of [[knowledge]] industry focusing on technological [[research]], [[design]] and [[development]] such as computer programming, and biochemistry. A fifth, quinary, sector has been proposed [[encompassing]] nonprofit [[activities]]. The economy is also broadly separated into [[public]] sector and [[private]] sector, with industry generally categorized as [[private]]. Industries are also any [[business]] or [[manufacturing]].
Industry in the sense of [[manufacturing]] became a key sector of production and labour in European and North American countries during the [http://en.wikipedia.org/wiki/Industrial_Revolution Industrial Revolution], which upset previous mercantile and feudal economies through many [[successive]] rapid advances in [[technology]], such as the steel and coal production. It is aided by [[technological]] advances, and has continued to [[develop]] into new [[types]] and sectors to this day. Industrial countries then assumed a [[capitalist]] [[economic]] policy. [http://en.wikipedia.org/wiki/Railroad Railroads] and [http://en.wikipedia.org/wiki/Steamboat steam-powered ships] began speedily [[establishing]] links with previously unreachable world markets, enabling [[private]] companies to develop to then-unheard of size and [[wealth]]. Following the [http://en.wikipedia.org/wiki/Industrial_Revolution Industrial Revolution], perhaps a third of the world's economic output is derived from [[manufacturing]] industries—more than [[agriculture]]'s share.
[[Category: Economics]]
