Our total business world is made up of many different industries, institutions, and professions. By performing the three basic functions of business, these many parts of the business world provide the goods and services we need. For our purposes, we can divide the total business world into ten key segments:- Raw material-producing industries
- Manufacturing and construction industries
- The transportation industry
Number of Employees by Industry
______________________________________________Industry Number of Employees (in thousands)
______________________________________________
Raw material Mining 700.0
Manufacturing
Durables goods
Ordinance and accessories 157.0
Lumber and wood products 645.5
Furniture and fixtures 528.8
Stone, clay, and glass products 649.7
Primary and fabricated metals 2,691.6
Machinery, electrical, and transportation
equipment 6,114.3
Instruments and related products 536.3
Nondurable goods
Food and kindred products 1,663.0
Tobacco 69.2
Textile and
Textile and
apparel products 2,250.3
Paper and allied products 700.1
Printing and publishing 1,125.6
Chemicals and allied products 1,058.7
Petroleum and coal 208.9
Rubber and plastic products 686.6
Leather and leather products 256.5
Construction
Transportation
Railroads, passenger transit, trucks, air, etc.
air, etc. 3,024.7
Banking and financial market services 1,547.7
Banking and financial market services 1,547.7
Real estate 853.2
Product distribution services
Wholesale trade
Motor vehicles, drugs, hardware, etc. 4,454.0
Retail trade
Department, furniture, food stores, eating
and drinking places, etc. 14,111.0
Public utilities and other power industries 748.8
Communications 1,182.9
Insurance industry 1,543.6
Educational institutions and professional
training programs 1,350.8
Research and development programs 170.0
Services
Hotel/other loading places 974.6
Laundries/dry cleaning plants 343.2
Advertising 137.8
Motion pictures 190.3
Medical/health services 4,886.9
Legal 421.7
Engineering/architecture 456.3
_________________________________________________- Banking and financial market services
- Distribution systems
- Public utilities and other power industries
- The communications industries
- The insurance industry
- Educational institutions and professional training programs
- Research and development programs
Business needs all kinds of raw materials in order to provide the products needed to satisfy our demands. The following list summarizes our sources of raw materials and identifies how they are used.
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