Heavy Industry

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heavy industry
large-scale manufacturing, industry which uses large amounts of capital and labor (i.e. the manufacture of automobiles, industrial machinery, steel, etc.)


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Heavy industry
Heavy industry does not have a single fixed meaning as compared to light industry. In general, it is a popular term used within the name of many Japanese firms, meaning 'construction' for big projects. Example projects include the construction of large buildings, chemical plants, the H-IIA rocket and also includes the production of construction equipment such as cranes and bulldozers. Alternatively, heavy industry projects can be generalized as more capital intensive or as requiring greater or more advanced resources, facilities or management.
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Raynet Business | Marketing DictionaryDownload this dictionary
Heavy Industry
an industry which is capital- and/or labour-intensive, such as automobile, industrial machinery, steel, rubber, mining or petroleum.

Copyright © 2001, Ray Wright

Free English-Vietnamese DictionaryDownload this dictionary
heavy industry

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