Question

Which statement accurately describes industry today?

Answer 1

The statement that accurately describes an industry today is; Option B

How to Define an Industry?

An industry is defined as a classification that refers to a group of companies that are related in terms of their primary business activities.

Now, in modern terms the word industry has evolved to mean a lot and as such when looking at the options the one that accurately describes an industry today is Option B.

Option B is true because from statistics, we see that China produces 20% of global manufacturing, United states produces 18% of global manufacturing, Japan produces 10% and Germany produces 7% which is a total of over 50%.

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Answer 2

The statement that accurately describes industry today is that Most industries have shifted away from fossil fuel use.

What are today's industries?

The state of the industries of today are known to be constantly growing. The major ones are the Health and energy  sector while the tech aspect is growing in a rapid rate.

The statement that accurately describes industry today is that Most industries have shifted away from fossil fuel use as  there are more clean energy now.

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