- 1[uncountable] the production of goods from raw materials, especially in factories heavy/light industry the needs of American industry This chemical is mostly used in industry. Topic CollocationsThe Economymanaging the economy
- handle/run/manage the economy
- boost investment/spending/employment/growth
- stimulate demand/the economy/industry
- cut/reduce investment/spending/borrowing
- reduce/curb/control/keep down inflation
- create/fuel growth/demand/a boom/a bubble
- encourage/foster/promote/stimulate/stifle innovation/competition
- encourage/work with/compete with the private sector
- increase/boost/promote U.S./agricultural exports
- ban/restrict/block cheap/foreign imports
- the economy grows/expands/shrinks/contracts/slows (down)/recovers/improves/is booming
- enjoy an economic/housing/property boom
- push up/drive up prices/costs/inflation
- damage/hurt/destroy industry/the economy
- cause/lead to/go into/avoid/escape recession
- experience/suffer a recession/downturn
- fight/combat inflation/deflation/unemployment
- cause/create inflation/poverty/unemployment
- create/burst a housing/stock market bubble
- cause/trigger a stock market crash/the collapse of the banking system
- face/be plunged into a financial/an economic crisis
- be caught in/experience cycles of boom and bust
- cut/reduce/slash/increase/double the defense/education budget
- increase/boost/slash/cut public spending
- increase/raise/cut/lower/reduce taxes
- raise/cut/lower/reduce interest rates
- ease/loosen/tighten monetary policy
- balance the (state/federal) budget
- achieve/maintain a balanced budget
- run a ($4 trillion) budget deficit/surplus
- ⇨ more collocations at
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- 2[countable] the people and activities involved in producing a particular thing, or in providing a particular service the steel industry the automotive/tourist, etc. industry We need to develop local industries. see captain of industry, cottage industry, heavy industry, smokestack industry
- 3[uncountable] (formal) the quality of working hard We were impressed by their industry.
Check pronunciation: industry