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Jun 5, 2024 · What Is an Industry? The term "industry" is a classification for a group of companies that have similar business activities. In modern economies, there are dozens of industry classifications....
something that is produced or is available in large quantities and makes a lot of money: the heritage industry. More examples. SMART Vocabulary: related words and phrases. industry noun (QUALITY) [ U ] formal. the quality of regularly working hard: I must say that I'm very impressed by her industry. SMART Vocabulary: related words and phrases.
industry, group of productive enterprises or organizations that produce or supply goods, services, or sources of income. In economics, industries are generally classified as primary, secondary, tertiary, and quaternary; secondary industries are further classified as heavy and light.
Industry refers to economic activities concerned with the production of goods, extraction of services and provision or services. Hence we can say that Industries are concerned with: Production of good (steel energy)
The meaning of INDUSTRY is manufacturing activity as a whole. How to use industry in a sentence. Synonym Discussion of Industry.
An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. Workers in the textile industry design, fabricate, and sell cloth. The tourist industry includes all the commercial aspects of tourism.
Industry definition: the aggregate of manufacturing or technically productive enterprises in a particular field, often named after its principal product. See examples of INDUSTRY used in a sentence.
[countable] the people and activities involved in producing a particular thing, or in providing a particular service. the steel/oil/auto industry. the music/film/tourism industry. We need to develop local industries. in an industry She later worked in the banking industry.
Industry, a group of productive enterprises or organizations that produce or supply goods, services, or sources of income. In economics, industries are customarily classified as primary, secondary, and tertiary; secondary industries are further classified as heavy and light.
The earliest known use of the noun industry is in the Middle English period (1150—1500). OED's earliest evidence for industry is from around 1473, in a translation by William Caxton, printer, merchant, and diplomat.
