What Honda's big electric vehicle announcement in Ontario really means
In retrospect, the turnaround—and just how fast it happened—is difficult to believe.
May 16, 2024
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5
Business
In retrospect, the turnaround—and just how fast it happened—is difficult to believe.
May 16, 2024
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5
Business
Chemical and material engineering professor, Adnan Khan, has spent the past 15 years focusing his research on developing sustainable technologies aimed at decarbonizing our energy systems. "This is the most important challenge ...
May 16, 2024
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Business
The Bay Area's wobbly tech industry is showing signs of stabilizing after suffering years-long waves of wrenching layoffs unleashed by the sector's quest for improved efficiency.
May 16, 2024
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Automotive
A train that travels from rural northern Morocco to a port on the Mediterranean Sea carries no passengers. Three times a day, it brings hundreds of cars stacked bumper to bumper from a Renault factory outside Tangiers to ...
May 15, 2024
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Engineering
Zapping rocks with a high-voltage pulse—similar to a lightning strike—could be the answer to decarbonizing the mining industry according to researchers from The University of Queensland.
May 14, 2024
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Internet
Australia's hydrogen energy-related discussion on Twitter (now X) is now ranked seventh globally, according to an analysis of 30.7 million tweets conducted by QUT researchers.
May 10, 2024
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6
Business
Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.
May 10, 2024
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1
Energy & Green Tech
The wind industry could benefit from the use of artificial intelligence (AI) to design and deploy wind plants, according to an article in Nature Energy written by researchers at the U.S. Department of Energy's National Renewable ...
May 8, 2024
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Engineering
For decades, the construction industry has been largely driven by financial feasibility—focusing on cost optimization and return on investment.
May 6, 2024
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3
Energy & Green Tech
A major approach to achieving net-zero carbon emissions relies on converting various parts of the economy, such as personal vehicles and heating, to run via electricity generated from renewable sources. But carbon cannot ...
May 1, 2024
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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