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Jun 5, 2024 · The Bottom Line. In business and investing, industry is a classification that is used to group similar companies. These companies have comparable products and services, and will often respond in...
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.
The meaning of INDUSTRY is manufacturing activity as a whole. How to use industry in a sentence. Synonym Discussion of Industry.
INDUSTRY definition: 1. the companies and activities involved in the process of producing goods for sale, especially in…. Learn more.
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.
INDUSTRY meaning: 1 : the process of making products by using machinery and factories; 2 : a group of businesses that provide a particular product or service
Definition of industry noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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.
An industry – or sector – is the whole of all economic activities by companies, people, and organizations involved in the production of goods and services for a particular field. Industries are usually categorized by the goods and services they produce.
