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Encyclopedia > Heavy industry

Heavy industry does not have a single fixed meaning compared to light industry. In general, heavy industry is viewed as more In politics a capital (also called capital city or political capital — although the latter phrase has an alternative meaning based on an alternative meaning of capital) is the principal city or town associated with its government. It is almost always the city which physically encompasses the offices and meeting... capital intensive, as requiring a larger fixed facility, and as having a larger environmental impact than light industry.

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Heavy Industry in Academia and Research

In the academic study of Economics is the social science studying production and consumption through measurable variables. It involves analysing the production, distribution, trade and consumption of goods and services. Economics is said to be positive when it attempts to explain the consequences of different choices given a set of assumptions and normative when it... economics, heavy industries are often differentiated from light industries as heavy industries are capital intensive, and light industries are labor intensive. Light industries are easier to relocate than heavy industry, and can be built with less investment.


This definition is not exclusive, however, as some sources refer to heavy industries as referring to the weight or volume of the products handled. The British Geographic Society, for example, listed several potential ways of measuring heavy versus light industry. One measure is the weight per cost of their In marketing, a product is anything that can be offered to a market that might satisfy a want or need. However it is much more than just a physical object. It is the complete bundle of benefits or satisfactions that buyers perceive they will obtain if they purchase the product... products. For instance, one Alternate uses: Dollar (disambiguation) The dollar is the name of the official currency in several countries, dependencies and other regions (see list below). It is represented by the symbol $. The name is related to the historic currencies Tolar in Bohemia, Thaler in Germany, Daalder in the Netherlands and Daler in... dollar buys more mass of Steel framework Steel is a metal alloy whose major component is iron, with carbon being the primary alloying material. Carbon acts as a hardening agent, preventing iron atoms, which are naturally arranged in a lattice, from sliding past one another. Varying the amount of carbon and its distribution in the... steel or For information on the band, see Fuel (band). Fuel is material with one type of energy which can be transformed into another usable energy. A common example is potential energy being converted into kinetic energy, (as heat and mechanical work). In many cases this is just something that will burn... fuel than of In J. R. R. Tolkiens world of Middle-earth, the Drúedain, also known as Drûg, Woses, Wild Men of the Woods and Púkel-men, were a strange race of Men which was counted amongst the Edain. The Drûg lived among the Second House of Men... drugs or This article is about the type of fabric. Textile is also a jargon term used by naturists or nudists to describe a person who wears clothes, and also the property that nudity is not allowed, e.g. in textile beach, textile campsite, etc. A textile is any kind of woven... textiles. Another is the weight of material handled per employee or the cost of materials as a proportion of gross value output.


Heavy Industry in Law and Government

Heavy industry is often defined by governments and planners in terms of its impacts on the environment. These definitions concentrate on the seriousness of any In politics a capital (also called capital city or political capital — although the latter phrase has an alternative meaning based on an alternative meaning of capital) is the principal city or town associated with its government. It is almost always the city which physically encompasses the offices and meeting... capital investment required to begin production or of the Ecology is the branch of science that studies the distribution and abundance of living organisms, and the interactions between organisms and their environment. The environment of an organism includes both its physical habitat, which can be described as the sum of local abiotic factors like climate and geology, as well... ecological effect of its associated resource gathering practices and by-products. In these senses, the Semiconductor device fabrication is the process used to create chips, the integrated circuits that are present in everyday electrical and electronic devices. It is a multiple-step sequence of photographic and chemical processing steps during which electronic circuits are gradually created on a wafer made of pure semiconductor material. Silicon... semiconductor industry is regarded as "heavier" than the Consumer electronics is electronic equipment intended for use by everyday people. Consumer electronics usually find applications in entertainment, communications and office productivity. Some categories of consumer electronics include telephones, audio equipment, televisions, calculators, playback and recording devices such as VCRs, and digital clocks. Consumer electronics are manufactured throughout the world... consumer electronics industry even though An integrated circuit (IC) is a thin chip consisting of at least two interconnected semiconductor devices, mainly transistors, as well as passive components like resistors. As of 2004, typical chips are of size 1 cm2 or smaller, and contain millions of interconnected devices, but larger ones exist as well. Among... microchips are much more expensive by weight than the products they control.


Heavy Industry in Firm Names

In Asia, many conglomorates call divisions or companies responsible for capital-intensive manufacturing (shipbuilding, mining, industrial machinery) their "heavy industry" group. See for example, Mitsubishi Heavy Industry (http://www.mhi.co.jp/indexe.html) of Fuji Heavy Industry (http://www.fhi.co.jp/english/index.html)/


References

  • Morris Teubal, Heavy and Light Industry in Economic Development The American Economic Review, Vol. 63, No. 4. (Sep., 1973), pp. 588-596.
  • Some Definitions in the Vocabulary of Geography, IV, British Association Glossary Committee, The Geographical Journal, Vol. 118, No. 3. (Sep., 1952), pp. 345-346.

  Results from FactBites:
 
Heavy industry - Wikipedia, the free encyclopedia (403 words)
In general, heavy industry is viewed as more capital intensive, as requiring a larger fixed facility, and as having a larger environmental impact than light industry.
In the academic study of economics, heavy industries are often differentiated from light industries as heavy industries are capital intensive, and light industries are labor intensive.
Heavy industry is often defined by governments and planners in terms of its impacts on the environment.
Industry - Wikipedia, the free encyclopedia (266 words)
An industry is generally any grouping of businesses that share a common method of generating profits, such as the "music industry", the "automobile industry", or the "cattle industry".
Industry in the second sense became a key sector of production 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 development of steam engines, power looms, and advances in large scale steel and coal production.
Following the Industrial Revolution, perhaps a third of the world's economic output is derived from manufacturing industries—more than agriculture's share.
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