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Key Industry |
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Key industry An industry that plays a critical role in a nation's economy. 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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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