Akademik

primary industry

primary industry primary industry ➔ industry

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primary industry UK US noun ECONOMICS, PRODUCTION

► [C] an important or the most important industry in a country or area: »The state's primary industry is tourism.

► [C or U] an industry that produces energy or basic materials, such as coal, oil, metals, crops, etc., or these industries considered as a group: »Developing countries often have a higher proportion of their workforce involved in primary industries than developed countries.

→ See also PRIMARY SECTOR(Cf. ↑primary sector)

→ Compare SECONDARY INDUSTRY(Cf. ↑secondary industry), TERTIARY INDUSTRY(Cf. ↑tertiary industry)

Financial and business terms. 2012.