Energy & Green Tech

Idaho researchers unveil enhanced electric power grid test bed

It's taken almost 10 years to design and construct, but researchers at the U.S. Department of Energy's Idaho National Laboratory have now energized and put into service one of the nation's most comprehensive electric ...

Automotive

As health concerns rise, car gadgets proliferate

With personal health a rising priority around the world, the auto industry is on the hunt for new gadgets and accessories to make the car cockpit feel safer for the driver and passengers.

Energy & Green Tech

Heating our homes with leftover canola

After years of meticulous research, Dr. Ajay Dalai's exploration of canola meal pellets as an eco-friendly alternative to coal and natural gas for both heat and energy is poised to move into its next phases—scaled-up pellet ...

Automotive

Chrysler aims to be all electric by 2028

Chrysler plans go all electric by 2028, the latest automaker to announce a shift away from gasoline-powered engines under rising pressure to act on climate change.

Business

Theranos verdict sends a chill through startups: analysts

Fraud convictions this week for Theranos founder Elizabeth Holmes will send a chill through Silicon Valley entrepreneurs, insiders say, now they know there is the threat of jail for airy promises that come to nothing.

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Industry

An industry (from Latin industrius, "diligent, industrious") is the manufacturing of a good or service within a category. Although industry is a broad term for any kind of economic production, in economics and urban planning industry is a synonym for the secondary sector, which is a type of economic activity involved in the manufacturing of raw materials into goods and products.

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 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. Railroads and 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 Industrial Revolution, perhaps a third of the world's economic output is derived from manufacturing industries—more than agriculture's share.

Many developed countries (for example the UK, the U.S., and Canada) and many developing/semi-developed countries (People's Republic of China, India etc.) depend significantly on industry. Industries, the countries they reside in, and the economies of those countries are interlinked in a complex web of interdependence.

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