Everything about Heavy Industry totally explained
Heavy industry doesn't have a single fixed meaning as compared to
light industry. In general, it's a popular term used within the name of many Japanese and Korean 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.
Heavy industry in law and government
Heavy industry is often defined by governments and planners in terms of its impacts on the environment. These definitions concentrate on the seriousness of any
capital investment required to begin production or of the
ecological effect of its associated resource gathering practices and by-products. In these senses, the
semiconductor industry is regarded as "heavier" than the
consumer electronics industry even though
microchips are much more expensive by weight than the products they control.
Heavy industry is also sometimes a special designation in local
zoning laws.
Many pollution control laws are based on heavy industry, since heavy industry is usually blamed for
pollution more than any other economic activity, rightly or not.
Heavy industry in firm names
Many
conglomerates in
Japan (
keiretsu) and
South Korea (
chaebol), call divisions or companies responsible for capital-intensive manufacturing (shipbuilding, mining, industrial machinery) their "heavy industry" group.
Japan:
South Korea:
Hyundai Heavy Industries
Samsung Heavy Industries
Hanjin Heavy Industries
Daewoo Heavy IndustriesFurther Information
Get more info on 'Heavy Industry'.
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