industry
n.
manufacturing, trade; group of companies which produce a particular product; diligence, perseverance, tendency to work hard
Industry
For other uses of this term, see
Industry (disambiguation) Industry (from
Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day. Many developed countries (The U.K., The U.S. and Canada for example) and many developing/semi-developed countries (People's Republic of China, India etc.) depend significantly on industry. Industries, the countries they reside in, and the economies of those countries are interlinked in a complex web that may be hard to understand at first glance.
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industry
Noun
1. the people or companies engaged in a particular kind of commercial enterprise; "each industry has its own trade publications"
(hypernym) commercial enterprise
(hyponym) aluminum business, aluminum industry
(classification) manufacture
2. the organized action of making of goods and services for sale; "American industry is making increased use of computers to control production"
(synonym) manufacture
(hypernym) commercial enterprise, business enterprise, business
(hyponym) cottage industry
(class) point system
3. persevering determination to perform a task; "his diligence won him quick promotions"; "frugality and industry are still regarded as virtues"
(synonym) diligence, industriousness
(hypernym) determination, purpose
(hyponym) assiduity, assiduousness, concentration
Industry
(n.)
Human exertion of any kind employed for the creation of value, and regarded by some as a species of capital or wealth; labor.
(n.)
Habitual diligence in any employment or pursuit, either bodily or mental; steady attention to business; assiduity; -- opposed to sloth and idleness; as, industry pays debts, while idleness or despair will increase them.
(n.)
Any department or branch of art, occupation, or business; especially, one which employs much labor and capital and is a distinct branch of trade; as, the sugar industry; the iron industry; the cotton industry.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
Industry
The category describing a company's primary business activity. This category is usually determined by the largest portion of revenue.