Heavy industry in the context of "Machine tool"

Play Trivia Questions online!

or

Skip to study material about Heavy industry in the context of "Machine tool"

Ad spacer

⭐ Core Definition: Heavy industry

Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); or complex or numerous processes. Because of those factors, heavy industry involves higher capital intensity than light industry does, and is also often more heavily cyclical in investment and employment.

Though important to economic development and industrialization of economies, heavy industry can also have significant negative side effects: both local communities and workers frequently encounter health risks, heavy industries tend to produce byproducts that both pollute the air and water, and the industrial supply chain is often involved in other environmental justice issues from mining and transportation. Because of their intensity, heavy industries are also significant contributors to greenhouse gas emissions that cause climate change, and certain parts of the industries, especially high-heat processes used in metal working and cement production, are hard to decarbonize. Industrial activities such as mining also results in pollution consisting of heavy metals. Heavy metals are very damaging to the environment because they cannot be chemically degraded.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<
In this Dossier

Heavy industry in the context of Wallonia

Wallonia (/wɒˈlniə/ wol-OH-nee-ə; French: Wallonie [walɔni] ; German: Wallonien [vaˈloːni̯ən] or Wallonie [valoˈniː] ), officially the Walloon Region (French: Région wallonne [ʁeʒjɔ̃ walɔn]; German: Wallonische Region [vaˈloːnɪʃə ʁeˈɡi̯oːn]), is one of the three regions of Belgium—along with Flanders and Brussels. Covering the southern portion of the country, Wallonia is primarily French-speaking. It accounts for 55% of Belgium's territory, but only 31% of its population. The Walloon Region and the French Community of Belgium, which is the political entity responsible for matters related mainly to culture and education, are independent concepts, because the French Community of Belgium encompasses both Wallonia and the bilingual Brussels-Capital Region but not the German-speaking Community of Belgium, which administers nine municipalities in Eastern Wallonia.

During the Industrial Revolution, Wallonia was second only to the United Kingdom in industrialization, capitalizing on its extensive deposits of coal and iron. This brought the region wealth, and from the beginning of the 19th to the middle of the 20th century, Wallonia was the more prosperous half of Belgium. Since World War II, the importance of heavy industry has greatly diminished, and the Flemish Region has exceeded Wallonia in wealth as Wallonia has declined economically. Wallonia now suffers from high unemployment and has a significantly lower GDP per capita than Flanders. The economic inequalities and linguistic divide between the two are major sources of political conflicts in Belgium and a major factor in Flemish separatism.

↑ Return to Menu

Heavy industry in the context of Secondary sector of the economy

In economics, the secondary sector is the economic sector which comprises manufacturing, encompassing industries that produce a finished, usable product or are involved in construction.

This sector generally takes the output of the primary sector (i.e. raw materials like metals, wood) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft.

↑ Return to Menu

Heavy industry in the context of Light industry

Light industry are industries that usually are less capital-intensive than heavy industries and are more consumer-oriented than business-oriented, as they typically produce smaller consumer goods. Most light industry products are produced for end users rather than as intermediates for use by other industries. Light industry facilities typically have a smaller environmental impact than those associated with heavy industry. For that reason, zoning laws are more likely to permit light industry near residential areas.

One definition states that light industry is a "manufacturing activity that uses moderate amounts of partially processed materials to produce items of relatively high value per unit weight".

↑ Return to Menu

Heavy industry in the context of Atlas Shrugged

Atlas Shrugged is a 1957 novel by Ayn Rand. It is her longest novel, the fourth and final one published during her lifetime, and the one she considered her magnum opus in the realm of fiction writing. She described the theme of Atlas Shrugged as "the role of man's mind in existence" and it includes elements of science fiction, mystery, and romance. The book explores a number of philosophical themes from which Rand would subsequently develop Objectivism, including reason, property rights, individualism, libertarianism, and capitalism and depicts what Rand saw as the failures of governmental coercion. Of Rand's works of fiction, it contains her most extensive statement of her philosophical system.

The book depicts a dystopian United States in which heavy industry companies suffer under increasingly burdensome laws and regulations. Railroad executive Dagny Taggart and her lover, steel magnate Hank Rearden, struggle against "looters" who want to exploit their productivity. They discover that a mysterious figure called John Galt is persuading other business leaders to abandon their companies and disappear as a strike of productive individuals against the looters. The novel ends with the strikers planning to build a new capitalist society based on Galt's philosophy.

↑ Return to Menu

Heavy industry in the context of Bulldozer

A bulldozer or dozer (also called a crawler) is a large tractor equipped with a metal blade at the front for pushing material (soil, sand, snow, rubble, or rock) during construction work. It travels most commonly on continuous tracks, though specialized models riding on large off-road tires are also produced. Its most popular accessory is a ripper, a large hook-like device mounted singly or in multiples in the rear to loosen dense materials.

Bulldozers are used heavily in large and small scale construction, road building, mining and quarrying, on farms, in heavy industry factories, and in military applications in both peace and wartime.

↑ Return to Menu

Heavy industry in the context of Five-year plans of the Soviet Union

The five-year plans for the development of the national economy of the Union of Soviet Socialist Republics (USSR) (Russian: пятилетние планы развития народного хозяйства СССР, pyatiletniye plany razvitiya narodnogo khozyaystva SSSR) consisted of a series of nationwide centralized economic plans in the Soviet Union, beginning in the late 1920s. The Soviet state planning committee Gosplan developed these plans based on the theory of the productive forces that formed part of the ideology of the Communist Party for development of the Soviet economy. Fulfilling the current plan became the watchword of Soviet bureaucracy.

Several Soviet five-year plans did not take up the full period of time assigned to them: some were pronounced successfully completed earlier than expected, some took much longer than expected, and others failed altogether and had to be abandoned. Altogether, Gosplan launched thirteen five-year plans. The initial five-year plans aimed to achieve rapid industrialization in the Soviet Union and thus placed a major focus on heavy industry. The first five-year plan, accepted in 1928 for the period from 1929 to 1933, finished one year early. The last five-year plan, for the period from 1991 to 1995, was not completed, since the Soviet Union was dissolved in 1991.

↑ Return to Menu

Heavy industry in the context of Industrial park

An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office park, which has offices and light industry, rather than heavy industry. Industrial parks are notable for being relatively simple to build; they often feature speedily erected single-space steel sheds, occasionally in bright colours.

↑ Return to Menu

Heavy industry in the context of Sacrifice zone

A sacrifice zone or sacrifice area (often termed a national sacrifice zone or national sacrifice area) is a geographic area that has been permanently changed by heavy environmental alterations (usually to a negative degree) or economic disinvestment, often through locally unwanted land use (LULU). Commentators including Chris Hedges, Joe Sacco, and Steve Lerner have argued that corporate business practices contribute to producing sacrifice zones. A 2022 report by the United Nations highlighted that millions of people globally are in pollution sacrifice zones, particularly in zones used for heavy industry and mining.

↑ Return to Menu