define industry _____________________________________________________
Answers
GEOGRAPHY
Industries
Answer:
An industry is a place where raw materials are converted into usable materials through combining skill and technology. It comes under secondary sector. Different industries produce different kinds of goods and services. The word industry is derived from the Latin word industria which means hard work.
There are 4 types of industries: Primary, secondary, tertiary and quaternary.
Example of an industry
Cotton Textile industry
In a textile industry, the raw material is cotton which is processed in these factories to produce usable cloth material that can be later stitched to T-shirts or any other dresses.
Fun Facts
⚛ The top 3 global industries by revenue are Oil and gas exploration industry, commercial real estate industry and car and automobile industry.
⚛ The most rapidly growing industry in the world in Information technology (IT).
⚛ The largest industry in India is Reliance Industry Ltd. that produce many goods and come under the project Make in India. It is owned by Mukesh Ambani.
Answer:
Industry, group of productive enterprises or organizations that produce or supply goods, services, or sources of income. In economics, industries ...
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