Industries are the economic engines of our world. They are businesses that produce or provide goods and services to society – from agriculture and automotive to retail and hospitality. An industry is defined as an organized group of companies focused on one particular product or service, with its own distinct characteristics, markets, and customers. It also includes supporting activities like transportation, financing, production, marketing, and other important processes needed to create a marketable result. Industries are constantly changing and evolving, creating new opportunities and requiring the development of new technology. Whether you’re running a small family business or managing a large multinational conglomerate, understanding industries and their role in modern society is critical for success.