Itsruba Itsruba
  • 30-05-2021
  • Social Studies
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Clarify the term industry and its types. With examples.

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neilsimonjadormeo0
neilsimonjadormeo0 neilsimonjadormeo0
  • 30-05-2021

Answer:

The production side of business activity is referred as industry. It is a business activity, which is related to the raising, producing, processing or manufacturing of products. ... Producer's goods are the goods used by manufacturers for producing some other goods. E.g. Machinery, tools, equipments, etc.

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