For other uses of this term, see Industry (disambiguation)

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". It is also used specifically to refer to an area of economic production focused on manufacturing which involves large amounts of capital investment before any profit can be realized, also called "heavy industry.". As-of 2004, Financial services is the largest industry (or category of industries) in the world in terms of earnings.

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. Industrial countries then assumed a capitalist economic policy. Railroads and steam-powered ships began speedily integrating previously impossibly-distant 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, but now less than that of the service sector.

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Oxfam Policy Director: Fair Climate Deal Threatened by Industry (Video Interview): When I sat down to talk with him... http://bit.ly/6T0KJd
TimmyTest (Tim) Wed, 16 Dec 2009 10:19:58 -0000
Oxfam Policy Director: Fair Climate Deal Threatened by Industry (Video Interview): When I sat down to talk with him... http://bit.ly/6T0KJd
Fantasy Sports Trade Association Defends Four Employees Fired By Fidelity ...: The fantasy sports industry exte.. http://bit.ly/6WwcJz
Wanetta218 (Wanetta) Wed, 16 Dec 2009 10:11:13 -0000
Fantasy Sports Trade Association Defends Four Employees Fired By Fidelity ...: The fantasy sports industry exte.. http://bit.ly/6WwcJz
RT @plugola: How to succeed in the online music industry, by co-founder of Spotify: http://is.gd/5pgMH
brand_music (Steve Mullins) Wed, 16 Dec 2009 10:08:59 -0000
RT @plugola: How to succeed in the online music industry, by co-founder of Spotify: http://is.gd/5pgMH
This is a strategic plan to build wealth, created by some of the most successful people in the network marketing industry http://x.vu/1y
ruready4success (RuReady4Success) Wed, 16 Dec 2009 10:01:01 -0000
This is a strategic plan to build wealth, created by some of the most successful people in the network marketing industry http://x.vu/1y
@marketingwizdom As a #car #enthusiast it might be necessary but I am saddened by loss of nameplates/brands that added to the auto industry
onetouchtweets (OneTouch Purchasing) Wed, 16 Dec 2009 09:57:58 -0000
@marketingwizdom As a #car #enthusiast it might be necessary but I am saddened by loss of nameplates/brands that added to the auto industry
Men r generally idle,& ready to satisfy themselves,& intimidate the industry of others,by calling that impossible which is only difficult
MrDominico (Dominic Roberti) Wed, 16 Dec 2009 09:53:05 -0000
Men r generally idle,& ready to satisfy themselves,& intimidate the industry of others,by calling that impossible which is only difficult

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