Difference Wiki

Factory vs. Industry

The main difference between Factory and Industry is that Factory is a building or building complex in which things or products made, and an Industry is a certain field or ground of commercial.

Key Differences

Factories are answerable and liable for making the progression that grows in an economy or business. The industry takes advantage of this development to enhance the economy and the living conditions for the public of the nation.
A factory is a one-unit or entity. And the industry is a subdivision or segment.
A factory is a scope of small or micro-scale making. And it’s direct under administrator while the Industry is a scope of large-segment which across a commercial group.
We cannot split the factory into altered categories. The industry can split or divide into some categories as the primary sector, secondary sector, tertiary sector, and quaternary sector.
Janet White
Oct 03, 2019
The factory is an association to make products or commodities or combining of commodities. As regards the industry, it involves some factories in one area or sector.

Comparison Chart

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A factory is a site or location where the making procedure of business come off.
The industry is a set or collection of businesses that make the same material or service.
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Nature

The factory is a part of the industry.
The industry is a basic notion or concept.

Scope

The factory has less scope than the industry.
The industry has far more scope.

Effect on Economy

Factories are accountable for making the development and growth that progress in an economy.
The industry utilizes factory development and growth to progress the economy and the living standards of the public of the country.
Samantha Walker
Oct 03, 2019

Term

Individual
Collective
Samantha Walker
Oct 03, 2019

Production/Services

A factory is simply concerned with the production of products.
The industry concerned with the production and also involved services.

Factory and Industry Definitions

Factory

A building or group of buildings in which goods are manufactured; a plant.
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Industry

The sector of an economy made up of manufacturing enterprises
Government regulation of industry.

Factory

See factory ship.

Industry

A sector of an economy
The advertising industry.

Factory

A business establishment for commercial agents or factors in a foreign country.

Industry

Energetic devotion to a task or an endeavor; diligence
Demonstrated great intelligence and industry as a prosecutor.

Factory

The source of prolific production
A rock group that was a hit-tune factory.
A motel that served as an illegal drug factory.
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Industry

Ongoing work or study associated with a specified subject or figure
The Civil War industry.
The Hemingway industry.

Factory

The position or state of being a factor.

Industry

A collection of artifacts or tools made from a specified material
A Mesolithic bone industry.

Factory

A trading establishment, especially set up by merchants working in a foreign country.

Industry

A standardized tradition of toolmaking associated with a specified tool or culture
A stone hand-axe industry.
The Acheulian industry.

Factory

A building or other place where manufacturing takes place.
History has shown that, even without cheap labor, factories run perfectly well.

Industry

(Obsolete) Cleverness or skill.

Factory

A police station.

Industry

(uncountable) The tendency to work persistently. Diligence.
Over the years, their industry and business sense made them wealthy.

Factory

A device or process that produces or manufactures something.

Industry

Businesses of the same type, considered as a whole. Trade.
The software and tourism industries continue to grow, while the steel industry remains troubled.
The steel industry has long used blast furnaces to smelt iron.

Factory

A factory farm.
Chicken factory; pig factory

Industry

Businesses that produce goods as opposed to services.

Factory

(programming) In a computer program or library, a function, method, etc. which creates an object.

Industry

The sector of the economy consisting of large-scale enterprises.
There used to be a lot of industry around here, but now the economy depends on tourism.

Factory

Having come from the factory in the state it is currently in; original, stock.
See how there's another layer of metal there? That's not factory.

Industry

Automated production of material goods.

Factory

A house or place where factors, or commercial agents, reside, to transact business for their employers.

Industry

(archaeology) A typological classification of stone tools, associated with a technocomplex.

Factory

The body of factors in any place; as, a chaplain to a British factory.

Industry

Habitual diligence in any employment or pursuit, either bodily or mental; steady attention to business; assiduity; - opposed to sloth and idleness; as, industry pays debts, while idleness or despair will increase them.
We are more industrious than our forefathers, because in the present times the funds destined for the maintenance of industry are much greater in proportion to those which are likely to be employed in the maintenance of idleness, than they were two or three centuries ago.

Factory

A building, or collection of buildings, appropriated to the manufacture of goods; the place where workmen are employed in fabricating goods, wares, or utensils; a manufactory; as, a cotton factory.

Industry

Any department or branch of art, occupation, or business; especially, one which employs much labor and capital and is a distinct branch of trade; as, the sugar industry; the iron industry; the cotton industry.

Factory

A plant consisting of buildings with facilities for manufacturing

Industry

Human exertion of any kind employed for the creation of value, and regarded by some as a species of capital or wealth; labor.

Industry

The people or companies engaged in a particular kind of commercial enterprise;
Each industry has its own trade publications

Industry

The organized action of making of goods and services for sale;
American industry is making increased use of computers to control production

Industry

Persevering determination to perform a task;
His diligence won him quick promotions
Frugality and industry are still regarded as virtues

Factory vs. Industry

A factory is a structure or house where the actual and real production of the goods carries out, while the industry is the manufacture of goods or service products that subsidize a business. The factory has a little range, whereas the industry has a far greater range than only factories. Many established states and many emerging or semi-emerging states be contingent meaningfully on the industry.

A factory is a manufacturing structure where laborers operating or make the goods. Production of things completed either by hand or with the help of machinery; on the other hand, the industry is an intellectual model of which factories are a component or part. Factories are liable for making the growth and development that improves in an economy. While industry use of this growing to spread the business or economy and the standard of living for the people of the state, as the industry propagates and improves, there is a supplementary need for factories.

What is Factory?

A factory is a site of plant for production or a manufacturing facility, generally comprising of buildings and equipment or machinery, where labor force making products or control machinery giving out one merchandise or product into another. Factories ascended or arose with the presentation and insertion of machinery for the duration of the Industrial Rebellion or uprising when the investment and space necessities developed very great. Initial or early factories that confined little extents of machinery, and not more than a dozen workforce.

Many modern or present factories have huge storerooms or warehouse-like accommodations that comprise heavy tools and equipment for manufacturing. Big factories incline to track down with accession to various means of carrying or transport, with some highway, water loading and delivery, and having rail services. Factories are liable for generating the progress that improves in an economy. Factories are a portion of the economy or business industrialized zones. Isolated products might be concluding customer products or portions and sub-units, which completed into finishing goods elsewhere. Factories can supply parts from somewhere else or create them from the base or raw materials.

Factories may both make distinct material or some substantial constantly formed like pulp, paper, chemicals, and compounds, refined or superior oil-based products. Factories output chemicals are usually entitled plants and may have a lot of the tools and equipment such as chemical reactor vessels, tanks, pressurized containers, pumps, and tubing which are out-of-doors and functioned from monitoring rooms.

What is Industry?

An industry is a segment that makes products or associated services contained by an economy. When a vast business set has several bases or centers of revenue and profit generation, it is evaluated to be effective in various industries. The developed industry converted the main unit of manufacture and labor. In an industrial culture, the industry services a main part of the residents or population. A labor union is an association of workforce who have hooped organized to attain collective objectives.

Today’s economy is very multifaceted or complex and contains technology which makes it further progressive and contemporary. Services or amenities and equity keep playing key roles in its growth and development, but the industry is very significant. Industry’ mentions the making of commercial products, whether goods or services and its a place ready for the manufacture of these commercial products. In terms of the economy of a specific state, people move forward from one area to the next area of industry. Industries employ progress in the economy shift or to move additional.

Sectors of Industry

  • Primary Sector: which includes farming, mining, and logging and involves the extraction and production of raw materials.
  • Secondary Sector: it includes factories that process products from primary industries.
  • Tertiary Sector: this sector includes people who provide services like teachers, doctors, lawyers, sales clerks, nurses, and other service providers.
  • Quaternary Sector: it includes people who are involved in scientific research and the development of new technology.

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