The travel and tourism segment is part of the larger hospitality industry.
This is a FALSE statement.
In macroeconomics, an industry is a sector of the economy that produces a set of closely related goods, goods, or services. For example, we can mention the timber industry or the insurance industry.
An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.
A productive group of enterprises or organizations that produce or supply an industry, goods, services, or source of income. In economics, industries are commonly classified as primary, secondary, tertiary, and quaternary. Secondary industry is further divided into heavy industry and light industry.
Learn more about industry here:https://brainly.com/question/26521390
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