English

Definition of industry noun from the Oxford Advanced Learner's Dictionary

      

    industry

     noun
    noun
    BrE BrE//ˈɪndəstri//
     
    ; NAmE NAmE//ˈɪndəstri//
     
    (pl. industries) Pay and conditions at work, Manufacturing
     
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  1. 1  [uncountable] the production of goods from raw materials, especially in factories heavy/light industry the needs of British industry She got a job in industry. CollocationsThe economyManaging the economy handle/​run/​manage the economy boost investment/​spending/​employment/​growth stimulate demand/​the economy/​industry cut/​reduce investment/​spending/​borrowing reduce/​curb/​control/​keep down inflation create/​fuel growth/​demand/​a boom/​a bubble encourage/​foster/​promote/​stimulate/​stifle innovation/​competition encourage/​work with/​compete with the private sector increase/​boost/​promote US/​agricultural exports ban/​restrict/​block cheap/​foreign imports the economy grows/​expands/​shrinks/​contracts/​slows (down)/recovers/​improves/​is booming enjoy an economic/​housing/​property boomEconomic problems push up/​drive up prices/​costs/​inflation damage/​hurt/​destroy industry/​the economy cause/​lead to/​go into/​avoid/​escape recession experience/​suffer a recession/​downturn fight/​combat inflation/​deflation/​unemployment cause/​create inflation/​poverty/​unemployment create/​burst a housing/​stock market bubble cause/​trigger a stock market crash/​the collapse of the banking system face/​be plunged into a financial/​an economic crisis be caught in/​experience cycles of boom and bustPublic finance cut/​reduce/​slash/​increase/​double the defence/(especially US English) defense/​education/​aid budget increase/​boost/​slash/​cut public spending increase/​put up/​raise/​cut/​lower/​reduce taxes raise/​cut/​lower/​reduce interest rates ease/​loosen/​tighten monetary policy balance the (state/​federal) budget achieve/​maintain a balanced budget run a ($4 trillion) budget deficit/​surplus Wordfindercapacity, industry, just-in-time, labour, lead time, output, raw material, shipping, supply chain, warehouse See related entries: Manufacturing
  2. 2  [countable] the people and activities involved in producing a particular thing, or in providing a particular service the steel industry the catering/tourist, etc. industry We need to develop local industries. (figurative) the Madonna industry (= the large number of people involved in making Madonna successful) see also captain of industry, cottage industry, heavy industry, sunrise industry, sunset industry See related entries: Pay and conditions at work
  3. 3[uncountable] (formal) the quality of working hard We were impressed by their industry.
  4. Word Origin late Middle English (in sense (3)): from French industrie or Latin industria ‘diligence’.Extra examples In the computer industry, change comes about very rapidly. In the favourable economic environment, new light industries are constantly springing up. More than 140 000 people are directly involved in the industry. Running down the nuclear industry will result in heavy job losses. She decided to leave teaching and go into industry. The banks lend money to commerce and industry. The government decided to encourage industries based on biotechnology. The government has interfered in industry, with disastrous results, by attempting to alter economic trends. The industry is facing major challenges. The state’s timber industry is heavily subsidized. The tourist industry is still expanding rapidly. They claim that a commercial port would damage the local tourist industry. They hope that the disk drive will become an industry standard. Weaving and knitting are traditional cottage industries. When the oil ran out, other industries associated with it closed down. government measures to stimulate new industry industries which are experiencing substantial growth one of the fastest-growing industries in the world proposals for regulation of the water industry strategic industries such as the extraction of oil and natural gas students training to enter the banking industry the Department of Trade and Industry the global textile industry the revival of the British film industry the shift away from manufacturing to service industry trade barriers erected to protect domestic industry Desktop publishing has become a modern cottage industry. I’d like to get a job in the tourist industry. It is the home of light industry, with several small businesses based in the town. On leaving college she got a job in industry. Pollution from the country’s heavy industry is probably the worst in Europe. Thousands of jobs were lost in the steel industry. We need to consider the needs of British industry. the film/​entertainment/​tourist/​advertising/​insurance industry
See the Oxford Advanced American Dictionary entry: industry