Industries

A:

Diamonds are expensive because the supply of diamonds on the world market is restricted by DeBeers. The price of diamonds would be much lower if the supply were not artificially suppressed.

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  • How Many Gallons Does a Tanker Truck Hold?

    Q: How Many Gallons Does a Tanker Truck Hold?

    A: Small tanker trucks have a maximum capacity of 3,000 gallons, while large tankers have a maximum capacity of 11,600 gallons. However, the maximum capacity of a tanker truck depends on the density of the liquid being transported, explains Bulk Cargo Systems. Tanker trucks are categorized by volume capacity and size.
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  • What Do We Use Oil For?

    Q: What Do We Use Oil For?

    A: Oil has many industrial and household uses. Crude oil, a non-renewable fossil fuel, is refined into gasoline and diesel fuels that power automobiles and other engines. Oil is also used to lubricate moving metal parts in order to reduce friction and heat. Kerosene and propane are by-products of oil refinement and are commonly used for home heating and cooking.
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  • What Are the Big Orange Balls on Power Lines?

    Q: What Are the Big Orange Balls on Power Lines?

    A: The big orange balls found on some high power lines are designed to alert lower flying aircraft of the presence of these lines. Typically, these warning balls often are fashioned out of aluminum. In some cases, they are red in color.
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  • What Are Examples of Primary Industries?

    Q: What Are Examples of Primary Industries?

    A: Primary industries are those that harvest or extract raw materials from nature; they include agriculture, oil and gas extraction, logging and forestry, mining, fishing and trapping. In many countries, primary industries provide raw materials for manufacturing and heavy industries and are a stable economic base for rural communities, according to Statistics Canada. As a country develops, the percentage of its population working in the primary industries usually declines.
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  • What Is the Role of Financial Institutions?

    Q: What Is the Role of Financial Institutions?

    A: The primary role of financial institutions is to provide liquidity to the economy and permit a higher level of economic activity than would otherwise be possible. According to the Brookings Institute, banks accomplish this in three main ways: offering credit, managing markets and pooling risk among consumers.
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  • What Are the Functions of the Sales and Marketing Department?

    Q: What Are the Functions of the Sales and Marketing Department?

    A: A sales and marketing department performs market research, develops promotional plans and manages personal selling strategies. Often, marketing is a separate function from sales. Marketing does the research and strategic communication planning, while the sales department implements selling-specific promotional strategies.
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  • Why Are Diamonds so Expensive?

    Q: Why Are Diamonds so Expensive?

    A: Diamonds are expensive because the supply of diamonds on the world market is restricted by DeBeers. The price of diamonds would be much lower if the supply were not artificially suppressed.
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  • What Is an Example of Intangible Service in a Restaurant?

    Q: What Is an Example of Intangible Service in a Restaurant?

    A: Mortons restaurant provided a stellar example of intangible restaurant customer service when it responded to a tweet from author and business consultant, Peter Shankman. Mr. Shankman was at the airport when he jokingly sent Mortons a tweet stating he desired to have a porterhouse steak waiting for him upon his arrival at Newark Airport. When Shankman arrived in Newark, Mortons delivered a full steak dinner after obtaining his flight information.
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  • What Is a Power Plant?

    Q: What Is a Power Plant?

    A: A power plant is a facility for the generation of bulk electric power. Power plants produce electric energy from another form of energy. The type of converted energy depends on the type of power plant. Each type of power plant poses a distinct set of advantages and drawbacks.
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  • How Does an Effluent Treatment Plant Work?

    Q: How Does an Effluent Treatment Plant Work?

    A: An effluent water treatment plant works by removing sludge, scum and bacteria from wastewater before releasing the effluent, or treated water, back into the environment, according to the U.S. Geological Survey. Wastewater enters the treatment plant and goes through several processes before effluent goes into a nearby lake or river.
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  • What Is the Difference Between the Public Sector and the Private Sector?

    Q: What Is the Difference Between the Public Sector and the Private Sector?

    A: The public sector consists of organizations that are owned and operated by the government, while the private sector consists of organizations that are privately owned and that do not form part of the government. The public sector includes organizations run by federal, state and municipal government bodies.
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  • How Much Does a 55-Gallon Drum of Oil Weigh?

    Q: How Much Does a 55-Gallon Drum of Oil Weigh?

    A: The weight of a 55-gallon oil drum depends on oil density. A 55-gallon drum of crude oil with a density of 790 kilograms per cubic meter would weigh about 188.98 kilograms.
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  • How Much Does It Cost to Start a Magazine?

    Q: How Much Does It Cost to Start a Magazine?

    A: Creating a magazine requires nothing more than content, a printer and ink. However, according to Entrepreneur Media Inc., getting a first issue of a magazine in stores can cost around $15,000 in total, but local stores might be willing to offer a discount for local magazines.
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  • How Does a Hay Baler Work?

    Q: How Does a Hay Baler Work?

    A: Hay balers are used to harvest hay, and they operate by being powered and pulled by a tractor as the baler's metal teeth gently rake up the hay to a compressor bar that holds the hay in place as the auger feeds the hay into the hay chamber. The chamber contains a plunger that continuously packs the hay down into tight clumps while also cutting the ends of the hay so they have a uniform shape.
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  • What Is LP Gas?

    Q: What Is LP Gas?

    A: Liquefied Petroleum Gas is a clean energy source derived from hydrocarbons such as butane and propane. It’s produced when crude oil is being refined and during the extraction of natural gas and oil from the earth. At normal temperature and pressure, LP gas occurs in gaseous form.
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  • How Is Coal Used?

    Q: How Is Coal Used?

    A: The primary use of coal is as a source of energy. Nations around the world use coal to produce electricity. Steel manufacturers also use coal to create a fuel called coke. Coal is formed from plants that were buried in the earth millions of years ago.
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  • What Are the Different Types of Hospitals?

    Q: What Are the Different Types of Hospitals?

    A: Hospitals are considered community hospitals or teaching/academic hospitals. On a broader scale, hospitals are categorized by ownership: for-profit, not-for-profit and government. Hospitals may also be classified by the number of beds.
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  • What Is the National Association of Professional Pet Sitters?

    Q: What Is the National Association of Professional Pet Sitters?

    A: The National Association of Professional Pet Sitters, or NAPPS, is a nonprofit trade organization that provides business resources for pet sitters and helps pet owners find high-quality care. Companies, employees and individual pet sitters apply for paid membership, gaining access to publications, conferences and other business enrichment opportunities. NAPPS influences industry standards through certification tests. It also offers pet sitters health and liability insurance through Business Insurers of the Carolinas.
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  • How Far Apart Are Telephone Poles Situated?

    Q: How Far Apart Are Telephone Poles Situated?

    A: Telephone poles, also called utility poles, differ in their spacing when located in urban versus rural areas. Within a U.S. urban landscape, utility poles tend to be spaced 125 feet apart. In rural areas, utility poles are spaced as much as 300 feet apart.
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  • What Kind of Fuel Do Trains Run On?

    Q: What Kind of Fuel Do Trains Run On?

    A: North American trains primarily use diesel fuel as their source of energy.. Electric locomotives are in widespread use in Europe and Asia and in some commuter runs in the United States.
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  • What Does a Chamber of Commerce Do?

    Q: What Does a Chamber of Commerce Do?

    A: A chamber of commerce is a membership organization that exists primarily to represent and promote the interests of its member businesses. Many chambers of commerce, especially those organized at the local level, also work to develop and deepen local relationship networks to promote business activity and business-to-business exchanges. Chambers of commerce also commonly engage in charitable activities that focus on local needs.
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