Industry refers to the production of goods and services within an economy. It encompasses various sectors, such as manufacturing, agriculture, and technology, where businesses create products or provide services to meet consumer needs. Industries play a crucial role in driving economic growth and providing jobs for people.
Different industries often rely on specific resources and skills. For example, the automobile industry focuses on designing and building cars, while the food industry involves growing crops and processing food products. Each industry contributes to the overall economy, influencing everything from employment rates to technological advancements.