what do mean by the term industry??
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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.
Industries are customarily classified as primary, secondary, and tertiary; secondary industries are further classified as heavy and light.
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An industry is a group of companies that are related based on their primary business activities. ... For example, while an automobile manufacturer might have a financing division that contributes 10% to the firm's overall revenues, the company would be classified in the automaker industry by most classification systems.
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