Question

industry is a system discuss the statement with reason​

Answer 1

Answer:

In macroeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services. For example, one might refer to the wood industry or the insurance industry.

Answer 2

Explanation:

it is a system becoz it is a chain of people which are connected to it by diffrent ways

For example:

1.person who bring raw material

2.person who manufactures it

3.person who buys all product to sell(traders)

4.shopkeeper who buy it and sell to customers

these people are connected in a system by industry

thatswhy this statment is correct