Secondary sectorManufacturing and construction industries Economic sectors Three-sector model Primary (raw materials) Secondary (goods manufacturing) Tertiary (services) Additional sectors Quaternary (information services) Quinary (human services) Theorists AGB Fisher Colin Clark Jean Fourastié Sectors by ownership Business Private Public Voluntary vte In economics, the secondary sector is the economic sector which comprises manufacturing, encompassing industries that produce a finished, usable product or are involved in construction.
MachineA machine is a thermodynamic system that uses power to apply forces and control movement to perform an action. The term is commonly applied to artificial devices, such as those employing engines or motors, but also to natural biological macromolecules, such as molecular machines.
Chemical processA chemical process is a means by which one or more substances undergoes a change in chemical identity. Such a process can occur by itself or be caused by an outside force, and involves a chemical reaction of some sort.Production (economics)Process of using materials to produce something Production is the process of combining various inputs, both material (such as metal, wood, glass, or plastics) and immaterial (such as plans, or knowledge) in order to create output. Ideally, this output will be a good or service which has value and contributes to the utility of individuals.
HandicraftA handicraft is a traditional main sector of craft making and applies to a wide range of creative and design activities that are related to making things with one's hands and skill, including work with textiles, moldable and rigid materials, paper, plant fibers, clay, etc. Usually, the term is applied to traditional techniques of creating items (whether for personal use or as products) that are both practical and aesthetic.
ToolA tool is an object that can extend an individual's ability to modify features of the surrounding environment or help them accomplish a particular task, and proto-typically refers to solid hand-operated non-biological objects with a single broad purpose that lack multiple functions, unlike machines or computers.
Work (human activity)Work or labor (labour in British English) refers to the intentional activities individuals engage in to meet their own needs and potentially wants, as well as those of others or organizations. In economics, work is understood as human labor that, alongside other factors of production, contributes to the creation of goods and services within an economy. Work or labor is a service in standard economic theory.
Biological processA biological process is a process necessary for an organism to live, and therefore shapes its capacity to interact with its environment. Biological processes are made of many chemical reactions or other events that are involved in the persistence and transformation of life forms. RegulationRegulation of biological processes occurs when any process is modulated in its frequency, rate or extent.
FormulationFormulation is a term used in various senses in various applications, both the material and the abstract or . Its fundamental meaning is the putting together of components in appropriate relationships or structures, according to a formula. Etymologically formula is the diminutive of the Latinforma, meaning shape. In that sense a formulation is created according to the standard for the product.
High techHigh technology (high tech or high-tech), also known as advanced technology (advanced tech), is technology that is at the cutting edge: the highest form of technology available. It can be defined as either the most complex or the newest technology on the market. The opposite of high tech is low technology, referring to simple, often traditional or mechanical technology. When high tech gets old, it can become low tech–for example, vacuum tube electronics.
GoodsIn certain economic contexts, goods are anything that is good, usually in the sense that it provides welfare or utility to someone. Goods can be contrasted with bads, i.e. things that provide negative value for users, like chores or waste products. A bad lowers a consumer's overall welfare. Economics focuses on the study of economic goods, i.e. goods that are scarce; in other words, producing the good requires expending effort or resources.
Human behaviorHuman behavior is the potential and expressed capacity (mentally, physically, and socially) of humanindividuals or groups to respond to internal and external stimuli throughout their life. Behavior is driven by environmental and genetic factors that affect an individual. Behavior is also driven, in part, by thoughts and feelings, which provide insight into individual psyche, revealing such things as attitudes and values.
factureRelated word or term.Special:Search/manufacturingRelated word or term.*As an Amazon Associate I earn from qualifying purchases.