Industry
Definition 1 of 3
Pro Tip 1/3
Wide Scope
From handcraft to high-tech, 'industry' encompasses all areas of production. The tourism industry includes everything from hotels to travel agencies.
Pro Tip 2/3
Not Always Physical
'Industry' can refer to services as well, not just tangible products. The financial industry plays a crucial role in the economy.
Pro Tip 3/3
Collective Term
Use 'industry' to talk about all the firms in a particular market, not just one. The fashion industry is known for its vibrant styles and innovation.