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:
“They are the lovers of law and order who observe the law when the government breaks it.”
—Henry David Thoreau (1817–1862)
“The due process of law as we use it, I believe, rests squarely on the liberal idea of conflict and resolution.”
—June L. Trapp (b. 1930)
“In the long-run every Government is the exact symbol of its People, with their wisdom and unwisdom; we have to say, Like People like Government.”
—Thomas Carlyle (1795–1881)