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Growth Industry |
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Growth Industry A sector of the economy experiencing a higher-than-average growth rate. Notes: If companies across an industry exhibit solid earnings and revenue figures, that industry may be showing signs that it is in its growth stage.Growth industries tend to be composed of relatively volatile and risky stocks. Often investors must be willing to accept increased risk in order to take part in the potentially large gains offered by stocks within a particular growth industry. See also: Earnings, Growth Fund, Growth Rates, Mutual Fund, Portfolio, P/E Ratio, Revenue, Stock, Value Stock |
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? Mentioned in | ? References in periodicals archive | ||
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| The game's website explains: "Private prisons have become the new growth industry. Rhetorical criticism of biblical texts is a growth industry. The prison system is another growth industry, notes Klein: "With more than 2 million Americans behind bars, the number of prison guards has exploded--from 270,317 in 2000 to 476,000 in 2002. |
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Growth Industry
