large mass products and manufacturing on a large scale is what gives heavy industry its name. These industries include manufactures of mass transport such as ships and trains‚ oil refineries‚ mining industries‚ and steel manufacturing. As these industries operate on such a large scale they require a lot of resources such as energy and money to fund them. They also require a lot of industrial space. These heavy industries are usually found in the primary and secondary sector dealing with other businesses
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infant industry argument is an economic reason for protectionism. The crux of the argument is that nascent industries often do not have the economies of scale that their older competitors from other countries may have‚ and thus need to be protected until they can attain similar economies of scale. It was first used by Alexander Hamilton in 1790 and later by Friedrich List‚ in 1841‚ to support protection for German manufacturing against British industry.[1] Protectionism allows an industry to develop
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Industry lifecycle 25 years ago‚ the company was in its infancy‚ working primarily from project to project. The sharp increase in the industry occurred in the mid to late 1990s‚ with a change of ownership and a strategy to create a critical mass‚ develop new fi lms and establish a wider network of new theatres. It was at this point that commercial theatres were introduced to the industry. Further development within the industry will be spurred by the production of new fi lms and an increased
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Biscuit Industry in India Overview Biscuits have been a favorite in our snacks menu. They fall in the category of essential consumer goods. Having a total turnover of 8000 Cr.‚ India is considered as the third largest biscuit manufacturing country worldwide after US and China. An industry classified into organized and unorganized sectors - 65% revenue from organized and 35% revenues from the unorganized sector. Around 90% of the population consume biscuits. The consumption of biscuits in India
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develops "PLASTICITY" which helps in manufacturing unlimited number of objects in various shapes and sizes. CERAMICS BEFORE CHRIST Ceramics is one of the most ancient industries on the planet. Once humans discovered that clay could be dug up and formed into objects by first mixing with water and then firing‚ the industry was born. As early as 24‚000 BC‚ animal and human figurines were made from clay and other materials‚ and then fired in kilns partially dug into the ground. The Greeks developed
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Indian Textile and Garment Industry‐ An Overview By: Dr. T. S Devaraja www.fibre2fashion.com Indian Textile and Garment Industry‐ An Overview* By: Dr. T. S Devaraja Associate Professor Department of Commerce Post Graduate Centre University of Mysore Hassan‚ India * The work described in this working paper was substantially supported by a grant from the Indian Council of Social Science Research‚ Ministry of Human Resource Development‚ Government
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Small-Scale Industries in the Globalization Era: The case of Jordan Basem M. Lozi‚ Assistance Professor‚ Al-Balqa Applied University‚ basem_lozi@yahoo.com Abstract The research examines the role of SSI in the economic development of Jordan by showing the effects of the SSI on the unemployment rate‚ production‚ and sales. The research concludes with policy recommendations to ensure the sustained and competitive growth of small-scale industries in Jordan. The results of the study show that the growth
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leisure and recreation industries‚ or as a support service to businesses. However‚ the environment is changing and the events industry is emerging in its own right.” (Bowdin et al.‚ 2011‚ pp. xxvii-xxviii) This essay will discuss the growth of the events management sector and will evaluate the nature of the event industry. The categorisation of events will be discussed‚ regarding their typologies and their classification. Also‚1 the author will analyse the different industry sectors and will highlight
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BANK OF INDUSTRY INTRODUCTION. The Bank of Industry was created by the Federal Executive Council in January 2002 with the sole purpose of promoting and encouraging small and medium scale industries in Nigeria by providing long term financing to the industrial sector of the Nigerian economy. It was formed by the amalgamation of three already existing development financial institutions comprising: The Nigerian Bank of Commerce and Industry (NBCI)‚ The Nigerian Industrial Development Bank (NIDB) and
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Executive Summary Hetauda Cement Industry Ltd. was established in 1976 A.D. under the government undertaking with the core objectives of the production of cement. In the market‚ there are many private and government agencies engaged in this kind of manufacturing. Hetauda cement industry has the core competitors like Udayapur Cement Industry (government) and many private cement factories. Hetauda cement industry is the single company to produce clinker in Nepal. It has the very good credit over
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