Internet

Unique Illinois privacy law leads to $550M Facebook deal

Adam Pezen, Carlo Licata and Nimesh Patel are among millions of people who have been tagged in Facebook photos at some point in the past decade, sometimes at the suggestion of an automated tagging feature powered by facial ...

Engineering

Engineering a better world using mirrors, sun and steam

Partha Dutta, a professor of electrical, computer, and systems engineering at Rensselaer Polytechnic Institute, envisions a not-so-distant future where even the most remote parts of the world would have access to clean and ...

Machine learning & AI

Using AI for drug discovery shows speed but draws discussions

A drug molecule developed though machine learning? An announcement has been made that a phase I clinical study of DSP-1181, that was created using Artificial Intelligence (AI), has been initiated in Japan.

Energy & Green Tech

Instant hydrogen production for powering fuel cells

Since the Industrial Revolution, the environmental impacts of energy have posed a concern. Recently, this has driven researchers to search for viable options for clean and renewable energy sources.

Engineering

Researchers advance solar material production

A Washington State University team has developed a more efficient, safer, and cost-effective way to produce cadmium telluride (CdTe) material for solar cells or other applications, a discovery that could advance the solar ...

Other

Unbuilding cities as high-rises reach their use-by date

We are entering a new world where skyscrapers and other huge buildings are becoming redundant and need significant overhaul or replacement. The process is called unbuilding or, if you're a bit highfalutin, deconstruction.

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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.

This text uses material from Wikipedia, licensed under CC BY-SA