Industrial Sector
Definition
The industrial sector refers to the part of the economy that involves manufacturing and producing goods on a large scale.
Analogy
Think of the industrial sector as a massive factory where products are made. Just like how different machines work together in a factory to produce goods, various industries collaborate within the industrial sector to manufacture products.
Related terms
Manufacturing: The process of turning raw materials into finished products through various production methods.
Pollution: The release of harmful substances into the environment as a result of industrial activities.
Supply Chain: The network of organizations involved in producing and delivering goods or services to consumers.
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