Question

(i) What is meant by the term 'industry?​

Answer 1

The economic activity concerned with the processing of raw materials and manufacture of goods in factories.

Answer 2

$\huge{\underline{\mathcal{Hey, mate..!!!}}}$

$\huge{\red{\mathfrak{Answer:-}}}$

$<font color="purple"><b>$The term 'industry' implies an economic activity involving goods production, mineral extraction or provision of consumer services. Industry is the production of goods or related services within an economy. The major source of revenue of a group or company is the indicator of its relevant industry.
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$<font color="blue"><b>$$<marquee>$Thanks✊..