Industry classification is valuable for economic analysis because it leads to largely distinct categories with simple relationships. Through these classifications, economists are able to …

business, commerce, trade, industry, traffic mean activity concerned with the supplying and distribution of commodities. business may be an inclusive term but specifically designates the …

Apr 11, 2025 · What Is an Industry? The term “industry” is a classification for a group of companies that have similar business activities. In modern economies, there are dozens of …

If you refer to a social or political activity as an industry, you are criticizing it because you think it involves a lot of people in unnecessary or useless work.

Definition of industry noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

INDUSTRY meaning: 1 : the process of making products by using machinery and factories; 2 : a group of businesses that provide a particular product or service

4 days ago · In every era, promising pockets of the industrial landscape emerge to transform the economy. These burgeoning “arenas of competition”—“arenas,” for short—are industries with …