What is a industry? give some examples.
Answers
Answer:
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:
An industry is a group of companies that are related based on their primary business activities
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. You can use industry to refer to a group of similar businesses: The automobile industry makes cars and car parts.
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.