(i) What is meant by the term 'industry?
raninemisha66:
The industry refers to economic activity that is concerned with the production of goods, extraction of minerals, or the provision of services. ... Industries are classified according to the raw material used, size, and ownership. Expand the abbreviation AMUL.
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An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. ... Industry comes from the Latin industria, which means "diligence, hard work," and the word is still used with that meaning.
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Answer:
An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. ... Industry comes from the Latin industria, which means "diligence, hard work," and the word is still used with that meaning.
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