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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. "
North Africa or Northern Africa is a region encompassing the northern portion of the African continent. There is no singularly accepted scope for the region, and it is sometimes defined as stretching from the Atlantic shores of Mauritania in the west, to Egypt's Suez Canal. The economies of Algeria and Libya were transformed by the discovery of oil and natural gas reserves in the deserts. Morocco's major exports are phosphates and agricultural produce, and as in Egypt and Tunisia, the tourist industry is essential to the economy. Egypt has the most varied industrial base, importing technology to develop electronics and engineering industries, and maintaining the reputation of its high-quality cotton textiles. Oil rigs are scattered throughout the deserts of Libya and Algeria. Libyan oil is especially prized because of its low sulfur content, which means it produces less sulfur dioxide than other fuel oils. Countries in North Africa - Algeria, Egypt, Libya, Morocco, Sudan, Tunisia, and Western Sahara.