Law and Government
Heavy industry is often defined as a type of business that typically carries a high capital cost (capital-intensive), high barriers to entry and low transportability. The term "heavy" refers to the fact that the items produced by "heavy industry" used to be products such as iron, coal, oil, ships, etc. Today the reference also refers industries that cause disruption to the environment in the form of pollution, deforestation, etc
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 lighter by weight than the products they control.
Heavy industry is also sometimes a special designation in local zoning laws.
Read more about this topic: Heavy Industry
Famous quotes containing the words law and, law and/or government:
“A strong person makes the law and custom null before his own will.”
—Ralph Waldo Emerson (1803–1882)
““If the law supposes that,” said Mr. Bumble, squeezing his hat emphatically in both hands, “the law is a ass—a idiot. If that’s the eye of the law, the law is a bachelor; and the worst I wish the law is, that his eye may be opened by experience—by experience.””
—Charles Dickens (1812–1870)
“It doesn’t matter who you vote for, the government always gets in.”
—Graffiti. London (1970s)