Question

what do u understand by the term industry​

Answer 1

Answer:

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.

Answer 2

Answer:

$\huge{\green{\boxed{\boxed{\bigstar{Industry {\bigstar}}}}}}$

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 lumber industry or the insurance industry.