>>>Most presidents represent big business, the financial institutions, and the military industrial complex. The little guy goes along for the ride.
>>
>>You forgot the insurance industry... :o)
>
>I'm still not quite used to doublethink... I mean, the use of "industry" to mean so many things.
>
>Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with the production of goods and services. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day. Many developed countries (The UK, The U.S. and Canada for example) and many developing/semi-developed countries (People's Republic of China, India etc.) depend significantly on industry.
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>Now, what is the insurance industry manufacturing, exactly? Somehow, when one says "industry", I still see factories and smokestacks, or at least box buildings with trucks delivering the materials and leaving loaded with goods.
These days insurance companies are generally included as being in the "financial institutions" category.
They "invest" premiums paid, and usually fight hard against any claims.
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