Question

what is the importance of industry
Ans in 5 points plz plz fast

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 relevantindustry. ... Following the IndustrialRevolution, possibly a third of the world's economic output are derived that is from manufacturing industries.
Purpose. Industry analysis is important because it allows business owners to estimate how much profit they can generate from business operations. ... Business owners also assess the number of competitors currently selling consumer goods or services in their industry.
By typical measurements, such as income per capita or labor productivity, industrialization can be considered the most important economic development in human history. The major industrial shifts in Western economies occurred during the Industrial Revolution of the 18th and 19th centuries.

Answer 2

1 they helps in production of goods.
2 they gives us varieties of items .
3 industies offers job to many men and women.
4 it is direct or indirect link between producer and costumer.
5 industries helps to flourish the country .