Question

what is meant by the term industry​

Answer 1

$\bf{\huge{\mathfrak{\boxed{\red{Industry\:}}}}}$

• refers to an economic activity .
• concerned with the production of goods, extraction of minerals and provisions of services.

Answer 2

Answer:

The term 'industry' refers to an economic activity that is concerned with the production of goods (e.g., iron and steel industry), extraction of minerals (e.g., coal mining industry) or provision of services (e.g., tourism industry)

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