Basic and non-basic are the two broad industry categories. Basic industries consist of small and large businesses that sell primarily to external customers. Non-basic industries consist of primarily ...

Economic theory works on the premise that there are two types of employment: basic and non-basic. Economic base theory claims that basic employment is the engine of a local economy largely because its ...

The seemingly simple task of reading is anything but simple. The moment our eyes fall on a word, a complex set of processes -- physical, neurological, and cognitive -- is set in motion, enabling us to ...

We independently review everything we recommend. When you buy through our links, we may earn a commission. Learn more› By Geoffrey Morrison and Adrienne Maxwell We have updated this article to reflect ...