Social Sciences, asked by madhumarripudi, 4 months ago

What is a industry? give some examples.​

Answers

Answered by himanshu5250
0

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.

Answered by saivangmayi
0

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.

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