industry
The work of making things in factories or providing services as part of the economy.
Economic activity concerned with the processing of raw materials and the manufacture or provision of goods and services.
The habit of working hard for a long time.
Steady effort and diligence in work or study.
- Base: industry
- Plural: industries, industry
captains of industry
1Powerful industrial business leaders
Very important and powerful people who run big companies or industries.
- The conference was attended by politicians and captains of industry.
- Captains of industry have a big influence on economic policy.
film industry
1Business of movie production
All the companies and people who make movies.
- She has worked in the film industry for 20 years.
- The film industry generates millions in revenue each year.
cottage industry
1Small-scale home-based business
A small business that is run from someone's home rather than from a big factory.
- Handmade soap has become a popular cottage industry.
- The internet has made it easier for cottage industries to sell their products worldwide.
- Before industrialization, weaving was a common cottage industry.
- She runs a cottage industry making handmade candles.
sunrise industry
1new and fast-growing industry
A new type of business activity that is growing quickly and is seen as having a good future.
- Renewable energy is considered a sunrise industry.
- Renewable energy is often described as a sunrise industry.
- Several tech startups are part of this sunrise industry.
- The government wants to support sunrise industries with tax breaks.
- Technology start-ups are part of a global sunrise industry.
sunset industry
1Industry in decline
A type of business that is becoming less successful or important.
- Coal mining is often called a sunset industry.
- The government is offering support to workers from sunset industries.
sunset industry
2industry in long-term decline
An industry or type of business that is slowly dying and will probably not be important in the future.
- Many consider coal mining a sunset industry in developed countries.
- The government is shifting support away from sunset industries and toward new technologies.
- Working in a sunset industry can be risky because jobs may disappear.