When do i use "its" and "their"

Question: More dollars can help the American textile industry maintain IT’S prominence in markets at home and abroad.
Answer Choices: A) NO CHANGE
B) its
C) their
D) they’re
The correct choice is B - its. When do I use its and when do I use their?

Its and their are possessive. So use when something belongs to it or to them.

Well, yes, but that isn’t helpful for this question. Since “industry” is singular, use “its.” If the noun were plural, you would use “their.”

You’re looking for pronoun agreement, @jyp2pm1 . It’s a common question type and one you should master ASAP.

Typical SAT trick. Team, company, committee, and so on are singular, although they are made up of several people.