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anchor industry vs flagship industry

Both 'anchor industry' and 'flagship industry' are correct phrases used to refer to a leading or dominant industry within a particular region or sector. They are interchangeable and convey the same meaning.

Last updated: April 01, 2024

anchor industry

This phrase is correct and commonly used to refer to a leading or dominant industry within a particular region or sector.

The term 'anchor industry' is used to describe a key industry that plays a significant role in supporting the economy of a region or sector.

Examples:

  • The automotive sector is considered the anchor industry in this region.

Alternatives:

  • key industry
  • dominant industry
  • leading industry

flagship industry

This phrase is correct and commonly used to refer to a leading or dominant industry within a particular region or sector.

The term 'flagship industry' is used to describe a key industry that serves as a symbol of excellence or leadership within a region or sector.

Examples:

  • The technology sector is the flagship industry of this city.

Alternatives:

  • leading industry
  • dominant industry
  • key industry

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