what do you understand by industries
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An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. ... You can use industry to refer to a group of similar businesses: The automobile industry makes cars and car parts.
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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 to the insurance industry.
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