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/or government:
“We ourselves are Jews by birth and not Gentile sinners; yet we know that a person is justified not by the works of the law but through faith in Jesus Christ. And we have come to believe in Christ Jesus, so that we might be justified by faith in Christ, and not by doing the works of the law, because no one will be justified by the works of the law.”
—Bible: New Testament, Galatians 2:15-16.
“Which government is the best? The one that teaches us to govern ourselves.”
—Johann Wolfgang Von Goethe (1749–1832)