A company is a group of people organized for any business purpose (for example a restaurant, factory, store, or insurance sales). A factory is one kind of company that specifically produces items (such as computer, sofa, car).
In economics, to simplify, labor and capital. Light industry is labor intensive industry while heavy industry is focused on capital investment.
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the factory system
The term industry is used to refer to a group of companies who make similar products. The auto INDUSTRY has many COMPANIES like Ford, GM, Toyota, Honda, BMW, etc etc.
textiles
A factory is one kind if industry location
Something is to be manufactured is factory(in factory worker called as Labour), a group of factory is called as industry( in industry workers called as employee).
a cottage industry is were you and or family members work from home to produce things and a factory many other people work in a building.
what is the differences between Industry and Market
semiconductors
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Factory is for manifacturing............ But company is for promote and selling things......
one is homemade and one is factory made...
factory means that it produces and company does not produce, it controls.
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factory
Cottage industry is more home-based, when commercial industry is products made for profit.