Utilities in the context of "Industrial product"

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⭐ Core Definition: Utilities

A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies.

Public utilities are meant to supply goods and services that are considered essential; water, gas, electricity, telephone, waste disposal, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. A monopoly can occur when it finds the best way to minimize its costs through economies of scale to the point where other companies cannot compete with it. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by economies of scale in production. Though it can be mentioned that these natural monopolies are handled or watched by a public utilities commission, or an institution that represents the government.

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Utilities in the context of Industrial production

Industrial production is a measure of output of the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Although these sectors contribute only a small portion of gross domestic product (GDP), they are highly sensitive to interest rates and consumer demand. This makes industrial production an important tool for forecasting future GDP and economic performance. Industrial production figures are also used by central banks to measure inflation, as high levels of industrial production can lead to uncontrolled levels of consumption and rapid inflation .

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Utilities in the context of Trench

A trench is a type of excavation or depression in the ground that is generally deeper than it is wide (as opposed to a swale or a bar ditch), and narrow compared with its length (as opposed to a simple hole or pit).

In geology, trenches result from erosion by rivers or by geological movement of tectonic plates. In civil engineering, trenches are often created to install underground utilities such as gas, water, power and communication lines. In construction, trenches are dug for foundations of buildings, retaining walls and dams, and for cut-and-cover construction of tunnels. In archaeology, the "trench method" is used for searching and excavating ancient ruins or to dig into strata of sedimented material. In geotechnical engineering, trench investigations locate faults and investigate deep soil properties. In trench warfare, soldiers occupy trenches to protect them against weapons fire and artillery.

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Utilities in the context of Municipal services

Municipal services or city services refer to basic services that residents of a city expect the local government to provide in exchange for the taxes which citizens pay. Basic city services may include sanitation (both sewer and refuse), water, streets, the public library, schools, food inspection, fire department, police, ambulance, and other health department issues and transportation. City governments often operate or contract for additional utilities like electricity, gas and cable television. Mumbai even provides a lighthouse service.

The available municipal services for any individual municipality will depend on location, history, geography, statutes and tradition. Provided services may vary from country to country or even within a country. Services may be run directly by a department of the municipality or be sub-contracted to a third party.

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