The three main steadily expanding businesses of the world are the oil industry, pharmaceutical industry, arms and weapons industry. These three industries require a significant amount of capital and raw materials for establishment. There is a lot of rivalry on the planet for these companies.
Oil Industry – The first oil industry was founded in the 19th century. Oil is a basic requirement that is required in almost all fields. Life would be very difficult without oil. Indeed, even the poor people use oil. There is a wide market for oil businesses in the world. The consumption of petroleum and other liquid fuels per day has crossed millions of barrels. Additionally, the consumption of vegetable oil has surpassed millions of metric tonnes. If the country’s oil reserves grow, the country’s valuation rises. The oil industry is now worth more than $3 trillion worldwide.
Pharmaceutical Industry – The first pharmaceutical industry was founded in the 19th century. The pharma business is getting more mainstream as the world is getting crowded with diseases. We don’t allow ourselves enough time to recover because of our fast-paced lives. Suppose if we try to give ourselves room by taking a break, we will become financially weak. As a result, we run behind quick heals. At least one from a family will be consuming drugs. It has reached almost 1 out of every 10 individuals on the planet become sick after eating contaminated food. Hardly in few more days, it will be 2 in 10, then 3 in 10, and finally a day will come where 10 in 10 individuals will become sick due to food corruption. The pharmaceutical industry is now worth more than 405 billion USD worldwide.
Arms and Weapons Industry – The first arms industry was founded in the 14th century. Day by day the world is tearing into pieces due to hatred, intolerance, egoism, greed which results in less peace. Intolerance and hatred are on the rise due to social media. Social media is creating unrest in many countries. As the intolerance increases between the nations, the border defense forces grow in response. As the security expands the arms and weapons business will grow in tandem. All the countries are in a race to increase their security forces. The arms and weapons industry is now worth more than us$360 billion worldwide.
