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Define industry and highlight its feature

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Define industry and highlight its feature

Posted by Spriha Batra 7 years, 7 months ago

CBSE > Class 11 > Business Studies

5 answers

Lovely Dhawan 7 years, 7 months ago

High risk,,,,,primary,secondary,tertiary industry,,,,also genetic,extractive,analytical,synthetic,assembling industry

Lovely Dhawan 7 years, 7 months ago

Industry is that which produces goods and services

Syed Khabib 7 years, 7 months ago

Nice ans Arora g

Rieau Arora 7 years, 7 months ago

Industry refers to that economic activity which undertake the priduction of goods and services. Feature of industry are.. 1.production of things and services. 2.it includes primary,secondary and service industry. 3.it involves maximum risk. 4.large amount of capital required.

Syed Khabib 7 years, 7 months ago

Industry refers to an activity which converts raw materials into finished goods or useful products. Features -- 1.It produce consumer goods or capital goods. 2.It include activities related to production and processing as well as activities related to rearing and reproductionof animals or other living species. 3.It main purpose to create form utility by converting raw materials into useful products. "Industry is a place where raw materials get converted into finished goods "

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