Where is the world's wealth?
What industry or interest contains the largest part of the world's economy? Oil? Pharmaceuticals? Military?
Posted Feb 4, 2011, 4:57 PM UTC
29
I'm gonna say either oil of the military-industrial complex.
1
this is fairly broad, especially the "industrial" part. almost all industry could be thought to feed into it.
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Heavy Metals,Alloys,Oil,Power Generation.
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interesting. source?
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[deleted]
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http://en.wikipedia.org/wiki/List_of_companies_by_revenue.
Looking at the top 100, oil and gas wins.
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only 6 of the top ten are, though. Wal-Mart is 1, and the other 3 are conglomerate, toyota, and an electrical company, presumably that powers all of China.
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As much as those are big, I think it would still think that food is the biggest industry since EVERYONE uses it, EVERY demographic of every place on earth has to buy from this industry every day.
It's also very hard to track so I'm not certain the numbers represent its true size.
Africa would like a word with you.
http://www.forbes.com/2007/11/11/growth-agriculture-business-forbeslife-food07-cx_sm_1113bigfood.html
"...the World Bank puts the food and agriculture sector at 10% of global gross domestic product, which, taking the bank's 2006 estimate of about $48 trillion, would make the sector worth about $4.8 trillion."