Industry synonym,synonyms of industry

Here are some synonyms of "industry" and their detailed analyses:

1. Manufacture

  • Meaning: "Manufacture" refers to the process of making goods, usually on a large scale, using machinery and labor. For example, the manufacture of automobiles involves complex assembly lines and a wide range of components.
  • Usage difference from "industry": While "industry" is a broad term that encompasses all economic activities related to production, "manufacture" is more focused on the actual physical process of creating products. An industry can include many aspects such as research, marketing, and distribution, but "manufacture" is specifically about the production phase. For example, the automotive industry includes not only the manufacture of cars but also design, sales, and after - sales services.

2. Production

  • Meaning: "Production" is a more general term that means the creation or output of goods and services. It can involve manufacturing, farming, mining, and other activities that result in a tangible or intangible product. For example, the production of electricity involves power plants converting energy sources into electrical power.
  • Usage difference from "industry": "Production" emphasizes the act of creating something, while "industry" emphasizes the economic sector or the overall framework of businesses involved in a particular type of production. You can talk about the production of a single factory, but when you refer to an industry, you're considering all the related producers, suppliers, and associated economic activities. For example, the film production of a particular movie studio is different from the film industry as a whole, which includes multiple studios, distributors, and exhibitors.

3. Business

  • Meaning: "Business" refers to the activity of making, buying, or selling goods or services for profit. It includes all the operations and transactions involved in running an enterprise. For example, a small local bakery is a business that sells baked goods to customers.
  • Usage difference from "industry": "Business" can be used to describe a single company or a commercial activity, while "industry" refers to a group of related businesses. An industry is a collective term for all the businesses that operate in a similar field. For example, the restaurant business can be part of the food service industry, which also includes catering companies, food delivery services, and institutional food providers.

4. Commerce

  • Meaning: "Commerce" means the exchange of goods and services, especially on a large scale. It involves trade, buying and selling, and all the activities that facilitate economic transactions between different parties. For example, international commerce deals with imports and exports between countries.
  • Usage difference from "industry": "Commerce" is more about the trading aspect, while "industry" is more about the production side. However, they are closely related as industries produce goods and services that are then traded through commerce. For example, the textile industry produces fabrics, and commerce is involved when these fabrics are sold to clothing manufacturers or directly to consumers through various retail channels.

5. Trade

  • Meaning: "Trade" refers to the activity of buying and selling goods and services. It can be between individuals, businesses, or countries. For example, the trade of electronics involves wholesalers, retailers, and consumers exchanging money for electronic devices.
  • Usage difference from "industry": Similar to "commerce", "trade" emphasizes the exchange process more than the production process. "Industry" provides the base of products and services that are then traded. For example, the steel industry produces steel, and the trade of steel occurs when it's sold to construction companies, manufacturers of machinery, and other users.
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