national industries
Country's major businesses
National industries are businesses or economic sectors owned, controlled, or heavily supported by a country's government rather than private enterprise.
The term often refers to industries considered vital to national interest—utilities, transportation, defense manufacturing—that governments keep under state control or protect from foreign competition.
The government subsidized national industries to reduce dependence on imports.
In some contexts, national industries are those nationalized from private ownership: Britain's national industries included coal and rail until privatization in the 1980s.
- trade policyRules governing international exchange
- natural resourcesUseful substances from nature
- manufacturingIndustrial product creation
- rust beltDeclining industrial region
- human capitalWorkers' skills and knowledge
labor laws · energy production · globalization · agriculture · subsidies · tariffs · trade wars · supply chains · export controls · comparative advantage · environmental regulations · raw materials · economic blocs · infrastructure · investment capital · transportation · outsourcing · innovation
national industriesprivate corporations
Businesses not publicly traded
private enterprise · private sector · free enterprise · private companies · private ownership
national industriesmultinational corporations
Businesses operating in multiple countries
national industriesprivatization
State sells public assets
competitive markets · free market economy · market economy · free enterprise · denationalization
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