Question

what is industry? Class 10

Answer 1

Industry is the production of goods or related services within an economy. The major source of revenue of a group or company is the indicator of its relevant industry. When a large group has multiple sources of revenue generation, it is considered to be working in different industries..
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Answer 2

Industry is the production of goods or related services within an economy.[1] The major source of revenue of a group or company is the indicator of its relevant industry.[2] When a large group has multiple sources of revenue generation, it is considered to be working in different industries. Manufacturing industry became a key sector of production and labour in European and North American countries during the Industrial Revolution, upsetting previous mercantile and feudal economies. This came through many successive rapid advances in technology, such as the production of steel and coal.

Following the Industrial Revolution, possibly a third of the world's economic output are derived that is from manufacturing industries. Many developed countries and many developing/semi-developed countries (China, India etc.) depend significantly on manufacturing industry. Industries, the countries they reside in, and the economies of those countries are interlinked in a complex web of interdependence.

history—
Industry is older than modern humans. Over time, the methods used by industrialists have varied considerably.

Slavery

Slavery, the practice of utilizing forced labor to produce goods and services, has occurred since antiquity throughout the world as a means of low-cost production. It typically produces goods for which profit depends on economies of scale, especially those for which labor was simple and easy to supervise.International law has declared slavery illegal.