Quick Answer: What Are Advanced Industries?

What is an advanced industry?

Characterized by its deep involvement with technology research and development (R&D) and STEM (science, technology, engineering, and math) workers, the sector encompasses 50 industries ranging from manufacturing industries such as automaking and aerospace to energy industries such as oil and gas extraction to high-tech ….

What is considered advanced manufacturing?

Advanced manufacturing is the use of innovative technology to improve products or processes, with the relevant technology being described as “advanced,” “innovative,” or “cutting edge.” Advanced manufacturing industries “increasingly integrate new innovative technologies in both products and processes.

What are the 4 main industries?

Industry sectorsPrimary sector of the economy (the raw materials industry)Secondary sector of the economy (manufacturing and construction)Tertiary sector of the economy (the “service industry”)Quaternary sector of the economy (information services)Quinary sector of the economy (human services)

What are the 5 industries?

The 5 Industries Driving the U.S. EconomyHealthcare. The health sector helped the U.S. recover from the 2008 financial crisis. … Technology. The tech sector is a huge component of the U.S. economy, according to Cyberstates 2019, an annual analysis of the nation’s industry published by CompTIA. … Construction. … Retail. … Non-durable Manufacturing.