What is the difference between industry and factory?
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Industry is the production of material or service products that contribute to an economy. A factory is a building where the actual manufacturing of the product takes place. In many cases, the terms factory and industry are used interchangeably, but the meaning of these words are not same.
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In many cases, the terms factory and industry are used interchangeably, but the meaning of these words are not the same. In fact, industry refers to the production of economic goods. These goods can be materials, products or services. ... A factory is a building where the actual manufacturing of the product takes place.
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