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The following outline is provided as an overview of and topical guide to industry: Industry , in economics and economic geography , refers to the production of an economic good or service within an economy .
The quaternary sector of the economy is based upon the economic activity that is associated with either the intellectual or knowledge-based economy. [1] This consists of information technology; media; research and development; information-based services such as information-generation and information-sharing; and knowledge-based services such as consultation, entertainment, broadcasting, mass ...
The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining. [ 1 ] [ 2 ] [ 3 ] The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries .
The knowledge economy operates differently from the past as it has been identified by the upheavals (sometimes referred to as the knowledge revolution) in technological innovations and the globally competitive need for differentiation with new goods and services, and processes that develop from the research community (i.e., R&D factors ...
For example, to better research the effect of knowledge industries on the economy at large some economists have created sub-categories within knowledge industries. To study the effect of knowledge industry on the Canadian economy over time, Canadian economists split up the various knowledge industries into categories of low-, medium-, and high ...
Development of agricultural output of Japan in 2015 US$ since 1961 Fields of Chiba prefecture Rice fields. Agriculture, forestry, and fishing (Japanese: 農林水産, nōrinsuisan) form the primary sector of industry of the Japanese economy together with the Japanese mining industry, but together they account for only 1.3% of gross national product.
Export-oriented industrialization (EOI), sometimes called export substitution industrialization (ESI), export-led industrialization (ELI), or export-led growth, is a trade and economic policy aiming to speed up the industrialization process of a country by exporting goods for which the nation has a comparative advantage.
In the mid-1750s, the steam engine was applied to the water power-constrained iron, copper and lead industries for powering blast bellows. These industries were located near the mines, some of which were using steam engines for mine pumping. Steam engines were too powerful for leather bellows, so cast iron blowing cylinders were developed in 1768.