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The term “industry” is a classification for a group of companies that have similar business activities. Business, commerce, trade, industry, traffic mean activity concerned with the supplying and distribution of commodities. · industry, group of productive enterprises or organizations that produce or supply goods, services, or sources of income. The companies and activities involved in the process of producing goods for sale, especially in…. See examples of industry used in a … Business may be an inclusive term but specifically designates the … Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery the wider industrial sector of an economy, including manufacturing and production … · what is an industry? This value can include products and services as well as other types of value such as infrastructure, art, … 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. In economics, industries are generally classified as … In•dus•try (ˈɪn də stri) n. , pl. The steel industry. In modern economies, there are dozens of … Any general business activity: A single living or workshop site where a number of specimens all of the same age are associated is called an ‘ industry ’, while the term ‘culture’ is usually employed to describe a number of … · an industry is a sector of the economy that offers a distinct type of value. The aggregate of manufacturing or technically productive enterprises in a particular field, often named after its principal product. The aggregate of manufacturing enterprises in a particular field: The tourist industry.