Can anyone tell me what is an industry and what is not an industry??
below is what the definition of industry I have found, but I also want to know about the entities which are not industry... please provide your responses on this . thank you:-)
Industry means any systematic activity carried on by co-operation between an employer and his workmen (whether such workmen are employed by such employer directly or by or through any agency, including a contractor) for the production, supply or distribution of
– goods or service with a view to satisfy human wants or wishes
Industry is not only confined to a single employer and his workmen but a large group of similar companies working together to achieve similar goals. E.g. Steel industry, oil industry even Bollywood is referred to as film Industry these days.