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In macroeconomics, an industry is a branch of an economy that produces a closely-related set of raw materials, goods, or services. When evaluating a single group or company, its dominant source of revenue is typically used by industry classifications to classify it within a specific industry. However, a single business need not belong just to one industry, such as when a large business diversifies across separate industries. Industries, though associated with specific products, processes, and consumer markets, can evolve over time. One distinct industry (for example, barrel making) may become limited to a tiny niche market and get mostly re-classified into another industry using new techniques. At the same time, entirely new industries may branch off from older ones once a significant market becomes apparent (as the semiconductor industry becomes distinguished from the wider electronics industry). Industry classification is valuable for economic analysis because it leads to largely distinct categories with simple relationships. However, more complex cases, such as otherwise different processes yielding similar products, require an element of standardization and prevent any one schema from fitting all possible uses. "
The Middle East and North Africa. It is also known as WANA, which alternatively refers to the Middle East as Western Asia. As a regional identifier, MENA is often used in academia, military planning, disaster relief, media planning and business writing. Moreover, the region shares a number of cultural, economic, and environmental similarities across its comprising countries; for example, some of the most extreme impacts of climate change will be felt in MENA. Some terms have a wider definition than MENA, such as MENAP or Greater Middle East, which extends to South Asia to include the countries of Afghanistan and Pakistan. The term MENAT explicitly includes Turkey, which is usually excluded from some MENA definitions, even though Turkey is almost always considered part of the Middle East. Countries in mena are Algeria, Bahrain, Egypt, Israel, Jordan, Kuwait, Libya, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, United Arab Emirates, Yemen.