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Heavy industry: Wikis

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From Wikipedia, the free encyclopedia

Heavy industry does not have a single fixed meaning as compared to light industry. It can mean production of products which are either heavy in weight or in the processes leading to their production. In general, it is a popular term used within the name of many Japanese and Korean firms, meaning 'construction' for big projects. Example projects include the construction of large buildings, chemical plants, the H-IIA rocket and also includes the production of construction equipment such as cranes and bulldozers. Alternatively, heavy industry projects can be generalized as more capital intensive or as requiring greater or more advanced resources, facilities or management.

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Heavy industry in law and government

Heavy industry is often defined by governments and planners in terms of its impacts on the environment. 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 expensive by weight than the products they control.

Heavy industry is also sometimes a special designation in local zoning laws.

Many pollution control laws are based on heavy industry, since heavy industry is usually blamed for pollution more than any other economic activity.

The zinc works at Lutana.
The zinc works at Lutana is the largest exporter in Tasmania, generating 2.5% of the state's GDP. It produces over 250,000 tons of zinc per year.[1] The Zinc works were historically responsible for high heavy metal levels in the Derwent River.[2]

Heavy industry in firm names

Many conglomerates in South Korea (chaebol) and Japan (keiretsu), call divisions or companies responsible for capital-intensive manufacturing (shipbuilding, mining, industrial machinery) their "heavy industry" group. All industries have heavy machinery.

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Japan

South Korea

References

  • Morris Teubal, Heavy and Light Industry in Economic Development The American Economic Review, Vol. 63, No. 4. (Sep., 1973), pp. 588-596.
  • Some Definitions in the Vocabulary of Geography, IV, British Association Glossary Committee, The Geographical Journal, Vol. 118, No. 3. (Sep., 1952), pp. 345-346.

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