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Key industry (redirected from key industries)

Key industry
An industry that plays a critical role in a nation's economy.

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Key Industry
An industry that is pivotal to the growth (or sometimes the
survival) of an economy. Companies in a key industry are often
major employers in an area and have a great deal of political
power. For example, for much of its history until the 1980s, the
economy of Oklahoma was very dependent on the oil and gas
industry; it remained important even in the 2000s. For this reason,
oil and gas may be considered a key industry in Oklahoma.

Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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References in periodicals archive ?

Summary: Born in 1924, Saif Al Ghurair was instrumental in


starting some of the key industries such as cement, sugar and
flour in the UAE.
End of an era as Saif Al Ghurair passes away
The insurer's report also identifies the top causes of serious
workplace injuries by key industries.
Top 10 Causes of Most Serious Workplace Injuries
Through the leadership of key industries, industrial upgrading and
modernization is already in progress, she added.
Tsai: government will undertake 3 key tasks to bolster Taiwan's
SMEs
Put rules in place for key industries WITH the furore over the

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