Simple English definitions for legal terms
Read a random definition: libellus rerum
Industry: The act of working hard to complete a task or creating something useful. It can also refer to a group of businesses that work together to produce similar things.
Definition: Industry refers to the diligent and systematic work done for a useful purpose, especially in manufacturing or production. It can also refer to a specific branch of productive labor that involves enterprises with similar production and marketing facilities, producing items with similar characteristics.
These examples illustrate the concept of industry as a specific branch of productive labor that involves enterprises with similar production and marketing facilities, producing items with similar characteristics. Each industry has its own unique characteristics and techniques, but they all share the common goal of producing useful items for consumers.