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 …

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.

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

Apr 11, 2025 · An industry is a classification for a group of companies that are related by their primary business activities. Investors study industries to select stocks.

in•dus•try (ˈɪn də stri) n., pl. -tries. 1. the aggregate of manufacturing enterprises in a particular field: the steel industry. 2. any general business activity: the tourist industry. 3. trade or …

INDUSTRY definition: 1. the companies and activities involved in the process of producing goods for sale, especially in…. Learn more.

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

An industry – or sector – is the whole of all economic activities by companies, people, and organizations involved in the production of goods and services for a particular field.

Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery The wider industrial sector of an economy, including manufacturing and production …