What does growth industry mean?
Definitions for growth industry
growth indus·t·ry
This dictionary definitions page includes all the possible meanings, example usage and translations of the word growth industry.
Princeton's WordNet
growth industrynoun
an industry that is growing rapidly
ChatGPT
growth industry
A growth industry refers to a sector or an industry within an economy that has above-average growth compared to other industries. This is often measured by consistent increases in profits, expanding customer demand, technological advancements and innovation. These industries usually offer strong potential for investment and tend to equip newer businesses with opportunities for substantial growth. Companies within such industries often reinvest profits into business expansion and innovation, rather beat paying out dividends. Industries such as technology, renewable energy, and online retail are often considered growth industries.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of growth industry in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of growth industry in Pythagorean Numerology is: 5
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"growth industry." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/growth+industry>.
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