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INDUSTRY meaning: 1. the companies and activities involved in the process of producing goods for sale, especially in…. Learn more.
heavy industry (noun) light industry (noun) industry / ˈ ɪndəstri/ noun. plural industries. Britannica Dictionary definition of INDUSTRY. 1. a [noncount] : the process of making products by using machinery and factories. He favors policies that promote industry. b [count] : a group of businesses that provide a particular product or service.
Define industry. industry synonyms, industry pronunciation, industry translation, English dictionary definition of industry. n. pl. in·dus·tries 1. a. The sector of ...
INDUSTRY meaning: 1. the production of goods in factories: 2. all the companies involved in a particular type of…. Learn more.
industry, n. meanings, etymology, pronunciation and more in the Oxford English Dictionary
Nov 17, 2022 · Although they’re closely connected, they differ in definition, size, and nature. Read on to learn the difference between a market vs. industry, and find out how to determine yours in a few easy steps. Definition of industry. An industry is often named in a way that matches the primary product or service it offers. Think: banking, cosmetics ...
Market. Meaning. An industry is a collection of companies that offer similar or substitute products to the customers and compete with one another. Market refers to a mechanism that helps buyers and sellers in entering into transactions relating to exchange of goods and services. Goods and services. Only one type of goods and services are offered.
