A brief industry classification list you will find beneficial

If you want to discover more about the different kinds of companies that exist out there and what they do, make sure to read through this post.

The forestry sector, or as it's sometimes known the wood sector may not be as big as it once was, but it's still an essential element of the economy in many places. Companies, which are normally private, are involved in such exercises as logging, timber trade and the manufacture of forest products. Some instances of companies involved in the forestry field include Weyerhaeuser and Louisiana-Pacific. Another large part of this sector is silviculture, which is specifically concerned about forest plants. Even though silviculture is not immediately related to extraction of wood, it's still grouped in the same sector. This sector can be labeled as belonging to the primary sector as it shows features of primary sector, the extraction of raw materials, here being the wood, that can then be utilized in the production of a different item.

The financial services sector is a really important one in any economy, and is typically labeled as belonging to the tertiary sector. The services and goods offered by businesses in the financial sector will naturally vary from country to country, but generally speaking they will include the central bank, private banks, mortgage banks, insurance and pension funds among some others. These numerous financial institutions provide a range of services to its customers, but one common denominator in all these kinds of services is that they deal with money in one shape or another. Banks, like La Caixa and Banco of East China, make up a big proportion of the financial field in any place. The primary role of any bank is to lend money and keep money of its clientele.

Robotics is a relatively young industry, but it is one of the quickest growing types of industry also. Robotics is likewise an extremely fun industry, with various professionals working hand and hand to create innovations that can help us live better lives. Robots are a type of a machine that have some autonomous abilities, meaning they do not need any outside control to work. The varieties of robots range widely, from extremely simple machines that are programmed to do quite easy and repetitive activities, to the most intricate ones that can self learn and become better. Artificial intelligence, or AI, is the term most often associated with robotics. Artificial intelligence, displayed by machines, is often put into contrast with natural intelligence, which is shown by humans. Specialists from such varied areas as engineering, genetics, IT and psychology all come together to work on different AI campaigns. There are a great deal of private businesses that encourage such projects, like Tecent and Nvidia for instance.

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