There are two basic types of metamorphic rocks. Foliated metamorphic rocks such as gneiss, phyllite, schist, and slate have a layered or banded appearance that is produced by exposure to heat and directed pressure.
Image by Picture Taking Fool. Industrial Economics is the study of firms, industries, and markets. It looks at firms of all sizes â from local corner shops to multinational giants such as WalMart or Tesco. And it considers a whole range of industries, such as electricity generation, car production, and restaurants.
Industrialisation or industrialization is the period of social and economic change that transforms a human group from an agrarian society into an industrial society, involving the extensive re-organisation of an economy for the purpose of manufacturing. As industrial workers' incomes rise, markets for consumer goods and services of all kinds tend to expand and provide a further stimulus to industrial investment and economic growth.