Industry

Definition of Industry

In´dus`try
n.1.
1.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.
We are more industrious than our forefathers, because in the present times the funds destined for the maintenance of industry are much greater in proportion to those which are likely to be employed in the maintenance of idleness, than they were two or three centuries ago.
- A. Smith.
2.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.
3.(Polit. Econ.) Human exertion of any kind employed for the creation of value, and regarded by some as a species of capital or wealth; labor.

Related Words

Aktiengesellschaft, activity, aktiebolag, application, ardor, assiduity, assiduousness, balance of trade, big business, body corporate, bulldog tenacity, business, business dealings, business establishment, bustle, cartel, chamber of commerce, combine, commerce, commercial affairs, commercial enterprise, commercial relations, compagnie, company, concentration, concern, conglomerate, conglomerate corporation, consolidating company, consortium, constancy, copartnership, corporate body, corporation, dealing, dealings, determination, diligence, dirty work, diversified corporation, dogged perseverance, doggedness, donkeywork, drudgery, dynamism, earnestness, effort, employment, endurance, energeticalness, energy, engrossment, enterprise, exertion, fag, fair trade, fatigue, fervor, fidelity, firm, free trade, grind, handiwork, handwork, holding company, house, hustle, indefatigability, industriousness, insistence, insistency, intercourse, joint-stock association, joint-stock company, labor, laboriousness, lick, lick of work, loyalty, manual labor, manufacture, market, marketing, mercantile business, merchantry, moil, multilateral trade, obstinacy, operating company, pains, painstaking, painstakingness, partnership, patience, patience of Job, permanence, perseverance, persistence, persistency, pertinaciousness, pertinacity, plodding, plugging, plunderbund, pool, preoccupation, production, public utility, rat race, reciprocal trade, relentlessness, resolution, restraint of trade, scut work, sedulity, sedulousness, single-mindedness, singleness of purpose, slavery, slogging, small business, spadework, stability, stamina, staying power, steadfastness, steadiness, stick-to-itiveness, stock company, strenuousness, stroke, stroke of work, stubbornness, sweat, syndicate, task, tenaciousness, tenacity, the business world, the marketplace, thoroughgoingness, thoroughness, tirelessness, tiresome work, toil, trade, trade association, traffic, travail, treadmill, truck, trust, unilateral trade, unremittingness, unsparingness, unswerving attention, utility, vehemence, vigor, work, zealousness
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