The importance of industry is what it provides for the people or companies engaged
in a particular kind of commercial enterprise. Industry provides goods to consumers. The consumer gleans the benefit of the good -- which enhances their existence by augmenting or provisioning food, clothing, or shelter -- and even entertainment.
The industrial manufacturer provides employment and means to the employees. Industry
consumes raw materials which are sold by others and bought by the industrial complex as an activity of daily business.
Industry results in employment for ancillary support services (hospitals, fire departments, state and local governments via taxation, infrastructure, and other businesses benefit by having goods and services for the people within the industrial complex who have wages providing them with money to spend on those goods and services. Industry provides recreational opportunities either directly via their own mechanisms (like a hydroelectric plant with a dam resulting in lake for boating in a lake for boating and swimming -- or by providing a means (the cash) for people to pursue their own recreational in the form of vacations and leave policies in addition to the wages they pay.
The most significant importance of industry is the advances in science and engineering provided by the work of industry providing the means for more development of the economic cycle industry stimulates.
The importance of industry is what it provides for the people or companies engaged
in a particular kind of commercial enterprise. Industry provides goods to consumers. The consumer gleans the benefit of the good -- which enhances their existence by augmenting or provisioning food, clothing, or shelter -- and even entertainment.
The industrial manufacturer provides employment and means to the employees. Industry
consumes raw materials which are sold by others and bought by the industrial complex as an activity of daily business.
Industry results in employment for ancillary support services (hospitals, fire departments, state and local governments via taxation, infrastructure, and other businesses benefit by having goods and services for the people within the industrial complex who have wages providing them with money to spend on those goods and services. Industry provides recreational opportunities either directly via their own mechanisms (like a hydroelectric plant with a dam resulting in lake for boating in a lake for boating and swimming -- or by providing a means (the cash) for people to pursue their own recreational in the form of vacations and leave policies in addition to the wages they pay.
The most significant importance of industry is the advances in science and engineering provided by the work of industry providing the means for more development of the economic cycle industry stimulates.
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The importance of industry is what it provides for the people or companies engaged
in a particular kind of commercial enterprise. Industry provides goods to consumers. The consumer gleans the benefit of the good -- which enhances their existence by augmenting or provisioning food, clothing, or shelter -- and even entertainment.
The industrial manufacturer provides employment and means to the employees. Industry
consumes raw materials which are sold by others and bought by the industrial complex as an activity of daily business.
Industry results in employment for ancillary support services (hospitals, fire departments, state and local governments via taxation, infrastructure, and other businesses benefit by having goods and services for the people within the industrial complex who have wages providing them with money to spend on those goods and services. Industry provides recreational opportunities either directly via their own mechanisms (like a hydroelectric plant with a dam resulting in lake for boating in a lake for boating and swimming -- or by providing a means (the cash) for people to pursue their own recreational in the form of vacations and leave policies in addition to the wages they pay.
The most significant importance of industry is the advances in science and engineering provided by the work of industry providing the means for more development of the economic cycle industry stimulates.
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