The World Health Organization (WHO) estimate that vaccination averts 2-3 million deaths per year (in all age groups), and up to 1.5 million children die each year due to diseases which could have been prevented by vaccination.
DEFINITION of 'Industry'. A classification that refers to a group of companies that are related in terms of their primary business activities.In modern economies, there are dozens of different industry classifications, which are typically grouped into larger categories called sectors.EFINITION of 'Industry'. A classification that refers to a group of companies that are related in terms of their primary business activities. In modern economies, there are dozens of different industry classifications, which are typically grouped into larger categories called sectors.
A business cycle refers to the periodic expansion and contraction a company experiences. While the concept often is used in relation to the larger economy, its phases have applications to each particular business or industry. As generally defined, the business cycle has four components -- contraction, recession, expansion and peak. It takes years for the domestic economy to cycle through all four components, but these components can occur on an annual basis for seasonal businesses.