The chemical industry took a page out of the tobacco playbook when they discovered and suppressed their knowledge of health harms caused by exposure to PFAS (per- and polyfluoroalkyl substances), according to an analysis ...
Environment
Jun 1, 2023
2
684
Insilico Medicine, a clinical stage generative artificial intelligence (AI)-driven drug discovery company, today announced that it combined two rapidly developing technologies, quantum computing and generative AI, to explore ...
Analytical Chemistry
May 19, 2023
0
52
Hydrogen, the simplest element on Earth, is a clean fuel that could revolutionize the energy industry. Accessing hydrogen, however, is not a simple or clean process at all. Pure hydrogen is extremely rare in nature, and practical ...
Analytical Chemistry
May 15, 2023
2
402
Modern dog breeds that are genetically more distant from wolves have a relatively larger brain size compared to ancient breeds that are thousands of years old, according to the findings of Hungarian and Swedish researchers. ...
Evolution
May 12, 2023
0
1089
Scientists have long been challenged by the complex process of drug discovery and development, with investments that often go unrewarded. However, with the advancement of experimental technology and computer hardware, artificial ...
Analytical Chemistry
May 22, 2023
0
37
Large Language Models (LLMs) like ChatGPT are shaking up the world of finance. Morgan Stanley is testing an OpenAI-powered chatbot to assist their financial advisors. The bot, trained on the bank's own research reports, offers ...
Economics & Business
May 23, 2023
0
23
Chemical engineers at Monash University have developed an industrial process to produce acetic acid that uses the excess carbon dioxide (CO2) in the atmosphere and has a potential to create negative carbon emissions.
Analytical Chemistry
May 22, 2023
0
90
A new study finds that hundreds of bacterial groups have evolved in the guts of primate species over millions of years, but humans have lost close to half of these symbiotic bacteria.
Evolution
May 30, 2023
0
167
While it can take years for the pharmaceutical industry to create medicines capable of treating or curing human disease, a new study suggests that using generative artificial intelligence could vastly accelerate the drug-development ...
Analytical Chemistry
May 30, 2023
0
136
The next time NASA goes to the Moon, it intends to stay. Under the Artemis program, the US space agency plans to maintain a human presence, for the very first time, on a celestial body other than Earth.
Space Exploration
May 4, 2023
4
48
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
