The topic of industry for many people, who are asked about it, has pretty bad connotations. It is connected with the fact that we refer this term regularly to the emission of greenhouse gases, which are quite harmful for the environment as well as are produced by almost each factory. In different spheres there are also a lot of wastes produced, which is very harmful for the state of our planet.
On the other side, in the reality we need to also be aware of the fact that inter alia this sphere is responsible for many positive facts, such as setting up new buildings, progress of the technology etc. This implies that despite the fact that the services are becoming more and more crucial in more and more countries, we should also keep in mind the role of the in the top presented area is quite fundamental. That’s the reason why, plenty professionals in the sphere of economy alarm that European crisis in this field is likely to have substantially worse results than we think (if we even do this).
This European crisis in the previously mentioned area refers to the fact that on our continent more and more factories are either closed or the percentage of people employed in them is significantly reduced. It is proved by the fact that, first and foremost, concerning industry there is a significant rivalry from young economies, which have one common advantage for investors – very low labor costs, which are connected with significant labor supply.
Therefore, hiring European employees for them is no longer attractive from economical point of view, which implies that the trend in the future is significantly more likely to be referred to picking countries such as China, India, Brazil or Russia.
To sum up, the changes in the topic of industry reflect the current economical situation on the Earth and the most meaningful trends related to it. The trend is likely to be connected from changing the supply more to the East (from Europe), but still our continent might play a crucial role regards developing the technology.