Whats does industry mean?
Answers
Answer:
An industry is a group of companies that are related based on their primary business activities. ... 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.
Explanation:
Following are the main advantages of industrial development : 1. Increase in Employment :- When the development of industrial sector the employment opportunities can increase and rate of unemployment can reduce. 2. Increase in GNP :- Due to the industrialization the production of the country increases.There are four types of industry. These are primary, secondary, tertiary and quaternary.
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Answer:
- economic activity concerned with the processing of raw materials and manufacture of goods in factories.
- hard work.