Industry classification is valuable for economic analysis because it leads to largely distinct categories with simple relationships. Through these classifications, economists are able to …

The meaning of INDUSTRY is manufacturing activity as a whole. How to use industry in a sentence. Synonym Discussion of Industry.

Apr 11, 2025 · 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 definition: 1. the companies and activities involved in the process of producing goods for sale, especially in…. Learn more.

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 …

An industry is a group of companies that produce similar goods or services. For example, the automobile industry produces cars, while the textile industry produces fabrics and textiles.

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, …