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Industry (economics) - Wikipedia Industry classification is valuable for economic analysis because it leads to largely distinct categories with simple relationships Through these classifications, economists are able to compare companies within the same industry to evaluate the attractiveness of that industry
INDUSTRY Definition Meaning - Merriam-Webster business, commerce, trade, industry, traffic mean activity concerned with the supplying and distribution of commodities business may be an inclusive term but specifically designates the activities of those engaged in the purchase or sale of commodities or in related financial transactions
Industry: Definition in Business and Investing - Investopedia 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
Industry Definition Meaning | Britannica Dictionary 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
Industry - definition of industry by The Free Dictionary in•dus•try (ˈɪn də stri) n , pl -tries 1 the aggregate of manufacturing enterprises in a particular field: the steel industry 2 any general business activity: the tourist industry 3 trade or manufacture in general 4 systematic work or labor
Industry Explained: Types, Classification, and How It Works Industry defined An industry is an economic activity that goes beyond just factory walls While manufacturing certainly plays a major role, the term encompasses a much broader landscape Industry refers to the entire system of businesses and organizations that produce goods and services
Industry - Wikipedia Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery The wider industrial sector of an economy, including manufacturing and production of other intermediate or final goods
Industry | Definition, Sectors, Facts | Britannica Money 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