Is there a difference between manufacturing and industry? What is the meaning of manufacturing vs industry?
Manufacturing and industry are words that are related to the production of goods, and the latter refers to businesses that produce goods as opposed to services.
The process of manufacturing involves the transformation of raw materials into finished products. Manufacturing involves assembling products to a fine form before they are distributed in large quantities.
While manufacturing involves assembling products, the industry involves a broader range of activities that are related to the production of goods.
The term “industry” refers to businesses that produce goods. Generally, it involves manufacturing and other marketing ideas for business growth.
What Is Manufacturing?
A simple definition by the Oxford English Dictionary defines the word “manufacturing” as the transformation of raw materials into finished products, usually on a large scale.
Manufacturing involves the process of producing finished products from raw materials. The finished products are manufactured by using different machines and tools.
Manufacturing is a process that starts from extracting raw materials. The raw material is processed before machines and tools are used to make the finished product.
According to Britannica, manufacturing is any functional industry that produces many products using raw materials. Manufacturing requires manual labour or machinery. It’s a process that usually relies on a division of labour to ensure the finished products are in fine form.
When we talk about manufacturing, we are looking at several industries existing. Manufacturing offers job opportunities in industries such as automobile, aerospace, chemicals, clothing, computers, electronics, electrical equipment, refined petroleum products, heavy machinery, furniture, steel, tools and dies, and ships.
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Etymology
The word “manufacturing” is the action of the verb to “manufacture”.
According to the Merriam-Webster Dictionary, the term “manufacture” is from Middle English, from Medieval Latin ‘manufactura’ from Latin ‘manufactus’.
What Is Industry?
The Oxford English Dictionary defines “industry” as businesses of the same type, considered as a whole. The industry refers to businesses that produce goods as opposed to services.
The industry includes all business activities concerned with making valuable products. In general, industries are classified by their communication, economic function, production, finance, etc.
An industry is a sector of the economy consisting of large-scale enterprises.
Etymology
According to the Merriam-Webster Dictionary, the term “industry” is Middle English (Scots) ‘industrie’ from Middle French, from Latin ‘industria’.
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Manufacturing vs Industry: Key Difference between Manufacturing and Industry
Manufacturing and industry are words that are related to the production of goods, but their meaning is different.
According to Britannica, manufacturing is any functional industry that produces many products using raw materials. Manufacturing requires manual labour or machinery. It’s a process that usually relies on a division of labour to ensure the finished product is in fine form.
Manufacturing is a process that starts from extracting raw materials. The raw material is processed before machines and tools are used to make the finished product.
On the other hand, “industry” refers to businesses that produce goods as opposed to services.
The industry includes all business activities concerned with making valuable products. In general, industries are classified by their communication, economic function, production, finance, etc.
In simple words, manufacturing is the process of transforming raw materials into finished products. It takes place in factories and usually relies on a division of labour to ensure the finished products are in fine form.
Manufacturing also takes place in other settings; laboratories.
Manufacturing vs Industry: Comparison Chart
| Manufacturing | Industry | |
| Definition | Manufacturing is the transformation of raw materials into finished products, usually on a large scale. | Manufacturing is a critical component in the value chain. It adds value to raw materials. |
| Economic role | Manufacturing is mainly focused on the production of goods with raw materials. | The general term for various economic activities contributing to economic growth and development. |
| Scope | Manufacturing is mainly focused on the production of good with raw materials. | The sector of the economy consists of large-scale enterprises. |
| Focus | Mainly focuses on the production of tangible goods. | Manufacturing specific types of goods or services. Building the economic structures and employment. |
| Types | Specific processes such as assembling and machining. | Various sectors, such as agriculture, service, and manufacturing. |
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Manufacturing vs Industry: Benefits of Manufacturing
Generally, manufacturing is vital for economic growth, and there are several benefits we can look at.
Firstly, manufacturing is a sustainable process that transforms raw materials into finished products. It’s more sustainable than industry because it uses natural resources in a way that is considered environmentally friendly.
On the other hand, industry relies on artificial resources for production. Artificial resources such as gas and oil.
Let’s also look at job stability.
Manufacturing jobs are likely to be more stable compared to jobs in industry. Manufacturing offers job security and provides workers with better career prospects than industry.
Manufacturing vs Industry: Benefits of Industry
The industry includes all business activities concerned with making valuable products. The industry involves a lot of activities such as the process of manufacturing, processing, and distribution.
The industry is divided into two parts, which are primary industry and secondary industry.
The primary industry consists of products that are used by people every day. Products like clothing, food, and furniture.
In contrast, the secondary industry manufactures goods that are used by industries and not individuals. The secondary industry produces goods for industrial use, such as oil and chemicals.
Manufacturing vs Industry: Examples of Sentences with Manufacturing and Industry
Let’s look at a few examples of sentences with manufacturing.
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Simple Sentences with Manufacturing
- The company needed to improve their manufacturing efficiency to meet customer’s demands.
- The manufacturing process for the new product requires specific raw materials.
- He is the supervisor in manufacturing who guides new employees in his department.
- Our company was manufacturing plastic chairs for years before it was sold to other investors.
- The manufacturing sector plays a key role in the growth of the economy.
- Martha has a degree in manufacturing and engineering.
- He is investing his money in the manufacturing of the new product.
- The manufacturing process is quite expensive, so the goods are sold at a higher rate.
- The manufacturing industry lost a significant amount of money within the first quarter of the year.
- I doubt if the manufacturing process is done by hand.
Simple Sentences with Industry
- The music industry is becoming more lucrative by the day.
- People believe that the entertainment industry is dark and dangerous.
- Terry is an expert in the oil and gas industry.
- The family invested their money into the oil and gas industry.
- The industry is becoming more competitive, with new artists emerging.
- Mr George’s career in the industry spans over three decades.
- Martha is pursuing a career in the automobile industry.
- He is one of the finest and most hardworking actors in the film industry.
Conclusion
Manufacturing and industry are words that are related to the production of goods, but their meaning is different.
Manufacturing is a process that starts from extracting raw materials. The raw material is processed before machines and tools are used to make the finished product.
The industry includes all business activities concerned with making valuable products.