Welcome to the 1520 Perfect Dictionary

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Key Industry
KEY INDUSTRY

Definition: An industry indispensable to others and essential to national economic welfare and independence.
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* All fourteen elements would be in.


1. Purposeful (to emphasize).

2. Necessary (see definition).

3. Protected by regulations, which are deliberately made to defend it.

4. Production line dependable.

5. Observing best practices.

6. Located in a suitable place, supply chain is effective and efficient.

7. Affordable - its products.

8. Raw material sourced within.

9. Well, efficiently managed, i.e., not a source of loss to the nation.

10. Employing so many citizens.

11. Won't stop diversification.

12. Cannot be seriously affected by a downturn in international trade.

13. Sustained all through statehood.

14. With superb Industrial relations.
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... Services, Security.

See perfect ESSENTIALNESS.

... Manufacturing, etc.

See perfect PRIVATE SECTOR.

... Entertainment, etc..

See perfect INDISPENSABILITY.
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See perfect BOOM-BUST CYCLE.

... Technology, etc.

See perfect WELFARE STATE (1).

... Research and A.I.

See perfect ECONOMIC GROWTH (2).

... Tourism. Sports.

See perfect FACTORS OF PRODUCTION.

... Research and Development.

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