rich industry

USAGE SUMMARY

The phrase "rich industry" is correct and usable in written English.
It can be used to describe an industry that is abundant in resources, opportunities, or financial wealth. Example: "The technology sector is a rich industry, offering numerous job opportunities and innovative advancements."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

5 human-written examples

In reality, these same authorities are unwilling to give up this rich industry that brings them millions of dollars a year in fees for entering and leaving the country.

The New York Times

The diet purveyors are jockeying for a share of the rich industry, estimated at $60 billion or more yearly, by ramping up their marketing to showcase new weight-loss approaches like an electronic activity tracker and food upgrades.

The New York Times

Sustainable tourism, not to be confused with eco-tourism, would empower indigenous and/or local communities to gradually take control of this rich industry, which currently benefits outside ownerships.

The New York Times

"Understanding the criminal mind has become a rich industry in recent years," he wrote; "by humanising monsters, the 'battle with the truth' becomes a self-serving exercise conducted on the criminal's own terms".

The Guardian

But when it is just opening up trades to a slightly wider pool of rich industry insiders, any increased burden for disclosure and reporting should be similarly moderate.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

–Michael Noer.. Rich, Richie Age: 13 Source: Inheritance, conglomerates Net Worth: $24.7 billion Hometown: Richville Marital Status: Single Known as "the richest boy in the world," Rich learned ropes at Rich Industries from father Richard.

Forbes

Class action sexual-harassment suit filed by owners of Roomba vacuum cleaners to slow sales, dent Rich Industries stock price.

Forbes

Future prospects better thanks to success of new Rich Industries robotic maids: over 2 million of the iron-clad matrons sold to date.

Forbes

Executive protection, as the guard-the-rich industry is known, got an initial jolt from the financial crisis of 2008.

The New York Times

But on Tuesday, the tech lobby flexed its muscle in a way that prompts one to wonder whether Silicon Valley is again perceived inside the Beltway as much more than just another cash-rich industry.

The New York Times

*What does Standard Media International, which is a unit of the International Data Group and is already busy with the ad-rich Industry Standard and the introduction of a European edition, get from the deal?

The New York Times

Expert writing Tips

Best practice

When describing an industry, use "rich industry" to emphasize its financial strength and abundant opportunities. For example: "The tech industry is a "rich industry", attracting significant investment and talent."

Common error

Avoid using "rich industry" in overly casual conversations. Opt for simpler terms like "successful business" or "profitable market" in informal settings.

Linguistic Context

The phrase "rich industry" functions primarily as a descriptive noun phrase. It combines the adjective "rich", indicating abundance or wealth, with the noun "industry", specifying a particular sector of economic activity. Ludwig AI indicates that it is correct and usable in written English.

Expression frequency: Rare

Frequent in

News & Media

60%

Science

20%

Formal & Business

10%

Less common in

Academia

5%

Wiki

3%

Encyclopedias

2%

Ludwig's WRAP-UP

The phrase "rich industry" effectively describes a sector abundant in financial resources and opportunities. Ludwig AI confirms its correct usage in written English. While "rich industry" is more common in news and media contexts, it is also appropriate for business and academic writing. For alternatives, consider "prosperous sector" or "thriving business" for similar meanings, emphasizing growth and financial success.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

prosperous sector

Focuses on the financial success and growth aspect.

thriving business

Emphasizes active growth and success in a commercial context.

booming market

Highlights rapid expansion and high demand.

flourishing trade

Implies healthy commercial activity and growth.

lucrative field

Highlights profitability and income generation.

wealthy sector

Directly relates to the accumulation of riches and assets.

affluent market

Suggests a market with high purchasing power.

profitable business

Highlights the capacity to generate profit.

successful enterprise

Emphasizes achievement and positive outcomes.

resource-rich sector

Highlights the abundance of available resources.

FAQs

How can I use "rich industry" in a sentence?

Use "rich industry" to describe sectors with substantial financial resources and opportunities. For example: "The renewable energy sector is becoming a "rich industry", driven by increasing environmental awareness and government incentives."

What are some alternatives to "rich industry"?

You can use alternatives like "prosperous sector", "thriving business", or "booming market" depending on the specific context.

Is it appropriate to use "rich industry" in formal writing?

Yes, "rich industry" is appropriate for formal writing, particularly in business or economic contexts. It clearly conveys the idea of a financially strong and resource-abundant sector.

What distinguishes a "rich industry" from a "growing industry"?

While a "growing industry" is expanding, a "rich industry" specifically highlights the financial prosperity and abundance of resources within that industry. A growing industry may not necessarily be financially "rich" yet.