| A | B |
|---|
| industry | specific group of related businesses. |
| extractive industry | physically takes resources from the earth, such as metals, minerals, oil, trees, plants, and so on. |
| manufacturing industry | takes raw goods or other manufactured goods and transforms them into different types of goods. |
| service industry | is the group of businesses that provide services to individual consumers, other businesses, or both. |
| wholesaling industry | is the group of businesses that purchase a good from a manufacturer or another wholesaler and resell the good without transforming it. |
| retailing industry | is the group of businesses that sell products to end consumers. The consumers might be individuals or businesses. |
| Direct distribution industry | is when a product is sold from the manufacturer to the end consumer, with no wholesale or retail companies in between. |
| Indirect distribution industry | is when a product goes through other companies, such as wholesale and retail companies, before reaching the consumer. |
| nonprofit industry | is the group of organizations that do not have a profit motive. They exist to help society or the planet. |
| cottage industry | is the group of businesses that are home-based. This means the product or service is created or provided in a person's home. |
| subcontracting industry | is made up of people and businesses that sign a contract agreeing to do all or part of another person's or company's contract. |
| art and culture industry | said to be manufacturers, since art often produces a physical good. Some artists don't produce a physical product at all, such as dancers, actors, or entertainers. |
| research and development industry | produce a product, such as computer software or a medicine, but they are not just manufacturing a good. They are more focused on intensive research than manufacturing. |
| Industrial goods | are materials and equipment purchased by businesses for producing other products. |
| Consumer goods | are purchased for personal, family, or household use, or for gifts. |
