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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What do mean by industry? - Commerce

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Question

What do mean by industry?

Short Note

Solution

Industry refers to economic activities, which are connected with the conversion of resources into useful goods. The production side of business activity is referred to as the industry.  

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Chapter 3: Classification of Business Activities - Exercises [Page 22]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 3 Classification of Business Activities
Exercises | Q II. 2. | Page 22
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