Question

what do you meant by the term industry​

Answer 1

Answer:

Hello dear....❤️

Explanation:

An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. Workers in the textile industry design, fabricate, and sell cloth. ... Industry comes from the Latin industria, which means "diligence, hard work," and the word is still used with that meaning.

Hope this answer helps you...❤️

✨ Please Mark Me as Brainliest ✨

Answer 2

Hey mate!

Here's what you're looking for...

•Industry refers to an economic activity that is concerned with production of goods, extraction of minerals or provision of services.

•The location of industries is affected by the availability of raw material, land, water, labour, power, capital, transport and market.

•The physical factors for the location of the industry are:-

•Availability of raw materials

•Closeness to market

•Availability of power

Eg:- Jute textile industry is concentrated in West Bengal as the jute producing areas lie in the Hugli basin and there is cheap water transport for transportation and for processing of jute.

•The human factors for the location of an industry are:-

•Labour

•Capital

•Closeness to cities

Eg:- Jute textile industry in West Bengal gets cheap labour from the adjoining states and Kolkata is a large urban centre for banking, insurance and port facilities.

•Basic or key industries are the industries which supply their product or raw materials to manufacture other goods.

Eg:- Iron and steel industries provide iron and steel to other industries as the raw material.

•Steel is called the backbone of the modern industry, because almost everything we use is either made of steel or has been made with machinery or tool made out of steel. The steel industry is basically the feeder industry, whose products are the raw materials for other industries.