This is an industry that involves all aspects related to clothes including design, production, marketing and retailing. It's one of the oldest human activities dating back thousands of years but has significantly evolved over time due to technological advancements like electric sewing machines.
Fashion Industry: A globalized sector dedicated specifically towards designing new trends in apparel and accessories for consumers worldwide.
Supply Chain Management: The management process that coordinates and optimizes all steps in the production flow, from supplier to manufacturer to wholesaler to retailer to consumer.
Retail Industry: The sector of the economy that is comprised of individuals and companies engaged in the selling of finished products to end user consumers.
AP US History - 6.5 Technological Innovation
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