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EntityQ268592· pop 37· linked from 784 articles

Also known as economic branch, economic industry, business branches, industrial branch

group of firms that produce a closely related set of raw materials, goods, or services

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Industries

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Cement factories, part of the manufacturing industry, produce product for the construction industry (also known as the building industry). This factory was in Malmö, Sweden. Burj al Arab as a symbol for the hospitality industry An image of the motor industry (automotive industry), a supplier to the transport industry. Economists may regard the manufacture of vehicles as a foundational industry and as a bellwether industry.

In microeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services. For example, one might refer to the wood industry or to the insurance industry.

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