Difference between revisions of "Industry"
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An '''industry''' is a specific type of business, such as the [[manufacturing]] of a particular [[good]] such as [[automobiles]] or providing a particular [[service]] such as health care. An industry is characterized by a common set of goals, processes, regulations and challenges across the businesses that comprise the '''industry'''. | An '''industry''' is a specific type of business, such as the [[manufacturing]] of a particular [[good]] such as [[automobiles]] or providing a particular [[service]] such as health care. An industry is characterized by a common set of goals, processes, regulations and challenges across the businesses that comprise the '''industry'''. | ||
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| − | [[ | + | [[Category:Economics]] |
Latest revision as of 13:58, July 1, 2016
An industry is a specific type of business, such as the manufacturing of a particular good such as automobiles or providing a particular service such as health care. An industry is characterized by a common set of goals, processes, regulations and challenges across the businesses that comprise the industry.