The sphere of industry for a lot of people, who are asked about it, has pretty negative connotations. It is connected with the fact that we refer this term frequently to the emission of greenhouse gases, which are quite negative for the environment as well as are produced by almost each factory. In different sectors there are also plenty of wastes developed, which is relatively harmful for the state of our planet.
However, in the reality we need to also be aware of the fact that for example this field is responsible for plenty 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 influential in more and more countries, we should also be aware of the fact the role of the above mentioned field is really fundamental. Thus, plenty experts in the field of economy alarm that European crisis in this sphere may have far worse outcomes than we think (if we even do this).
This European crisis in the in the top presented field refers to the fact that on our continent more and more factories are either closed or the number of people employed in them is considerably minimized. It is connected with the fact that, first of all, concerning industry there is a significant rivalry from young economies, which have one common advantage for investors – pretty low labor costs, which are related to significant labor supply.
As a result, hiring European employees for them is no longer attractive from financial point of view, which implies that the trend in the future is far likely to be referred to deciding for countries such as China, India, Brazil or Russia.
To sum up, the changes in the sphere of industry reflect the current economical situation on our planet and the most meaningful trends connected with it. The trend is likely to be connected from changing the supply more to the East (from Europe), but still our continent is possible to play a decent role regards improving the technology.