The companies and activities involved in the process of producing goods for sale, especially in. Learn more. The process of making products by using machinery and factories; A group of businesses that provide a particular product or service Definition of industry noun in oxford advanced learner's dictionary.
Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. If you refer to a social or political activity as an industry, you are criticizing it because you think it involves a lot of people in unnecessary or useless work. Economists may regard the manufacture of vehicles as a foundational industry and as a bellwether industry. [1] in microeconomics, an industry is a branch of an economy that.