The sphere of industry for many people, who are asked about it, has pretty negative connotations. It is connected with the fact that we refer this term regularly to the emission of greenhouse gases, which are very harmful for the environment as well as are produced by almost each factory. In similar sectors there are also a variety of wastes developed, which is quite harmful for the state of our planet.
Nevertheless, in the reality we ought to also be aware of the fact that for instance this field is responsible for many positive facts, such as setting up new buildings, progress of the technology etc. This indicates that despite the fact that the services are becoming increasingly important in more and more countries, we should also not forget the role of the in the top mentioned area is very fundamental. Thus, plenty specialists in the topic of economy alarm that European crisis in this area may have far worse results than we think (if we even do this).
This European crisis in the in the top considered sector refers to the fact that on our continent more and more factories are either closed or the amount of people employed in them is considerably minimized. It is connected with the fact that, first of all, concerning industry there is a considerable rivalry from young economies, which have one common advantage for investors – pretty low labor costs, which are connected with high labor supply.
That’s the reason why, hiring European employees for them is no longer attractive from economical point of view, which indicates that the trend in the future is far likely to be connected with choosing countries such as China, India, Brazil or Russia.
To conclude, the changes in the topic of industry reflect the current economical situation on our planet and the most meaningful trends related to it. The trend is likely to be connected from switching the supply more to the East (from Europe), but still our continent can play a significant role in terms of improving the technology.