Industry and trade

The government's support
When we say industry, we mean the economic sector and extractive industries, in addition to the conversion of them, and currently includes the provision of a range of services or products for a certain profit, for example the banking industry, the origin of the industry is the process of converting raw materials into a particular product or service. People benefit from it.

This industrial revolution began after 1800, as a result of the technical development that took place during this era and continued to this day, and reflected on the industry and other areas associated with it.

Factors for industry
The development and development of the industry depends on a combination of factors, including:

  • Natural factors:
    • Geographical location and here factories must be built in an area far from the population, close to the sources of raw materials.
    • Climatic conditions, there are certain industries that require the climate to be humid, such as textiles and yarn, others that require cold temperatures and so on, and pay attention to the direction of the wind so that it is not similar to the direction of smoke rising from factories.
    • The characteristics of the surface are that the factory floor is flat.
    • Availability of raw materials for industry and energy sources on which the plant will depend.

Trade is defined as a voluntary exchange of services and goods, one or both, in a place called the market, which is currently not limited to a small place that includes the customer and the trader; Or postpone it for a certain time, and pay with cash or cheques and other different forms of payment that currently exists, unlike the old trade, which was a process of replacing one commodity with another.

Linguistic significance
The meaning of the word trade is limited to the flipping of money for profit from it, and the word is a matter of opinion of the act, based on the first part of the surrounding dictionary, and Ibn Khaldun defined it in his famous introduction as the process of earning to grow money and increase it, by buying different goods at a price Cheap, sold at a more expensive price.

Legal significance
With regard to the concept of legal trade, it includes a range of sectors specifically economic, the conversion of different products from their primary status as raw material to a particular product, with the aim of selling them, which is called manufacturing, and trade here includes a range of industry-related activities. Land and sea transport operations as well as banks, brokerage and insurance as well as agencies.