industry standard!

industry standard

Comprehensive Analysis

1) "Industry" -- As to industry standard in·dus·try Pronunciation: 'in-(")d&s-trE Function: noun Inflected Form(s): plural -tries Etymology: Middle English (Scots) industrie, from Middle French, from Latin industria, from industrius diligent, from Old Latin indostruus, perhaps from indu in + -struus (akin to Latin struere to build) -- more at END-, STREW 1 : diligence in an employment or pursuit; especially : steady or habitual effort 2 a : systematic labor especially for some useful purpose or the creation of something of value b : a department or branch of a craft, art, business, or manufacture; especially : one that employs a large personnel and capital especially in manufacturing c : a distinct group of productive or profit-making enterprises <the banking industry> d : manufacturing activity as a whole <the nation's industry> 3 : work devoted to the study of a particular subject or author <the Shakespeare industry> synonym see BUSINESS Pronunciation Symbols For other uses of this term, see Industry (disambiguation) GDP composition of sector and labour force by occupation. The green, red, and blue components of the colours of the countries represent the percentages for the agriculture, industry, and services sectors, respectively. Industry 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.S., the UK, Canada) 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. Industry in the second sense became a key sector of production in European and North American countries during the Industrial Revolution, which upset previous mercantile and feudal economies through many successive rapid advances in technology, such as the development of steam engines, power looms, and advances in large scale steel and coal production. Industrial countries then assumed a capitalist economic policy. Railroads and steam-powered ships began speedily establishing links with previously unreachable world markets, enabling private companies to develop to then-unheard of size and wealth. Manufacturing is a wealth producing sector in an economy. Following the Industrial Revolution, perhaps a third of the world's economic output is derived from manufacturing industries—more than agriculture's share. In economics and urban planning, industrial is a type of land use and economic activity involved with manufacturing and production. Clark's Sector Model (1950) 1 History 2 Industrial development 2.1 Declining industries 3 Industrial technology 4 Industry sectors and classification 5 Industry and society <..." 2) "Standard" -- As to industry standard 1stan·dard Pronunciation: 'stan-d&rd Function: noun Etymology: Middle English, from Anglo-French estandard banner, standard, of Germanic origin; akin to Old English standan to stand and probably to Old High German hart hard 1 : a conspicuous object (as a banner) formerly carried at the top of a pole and used to mark a rallying point especially in battle or to serve as an emblem 2 a : a long narrow tapering flag that is personal to an individual or corporation and bears heraldic devices b : the personal flag of the head of a state or of a member of a royal family c : an organization flag carried by a mounted or motorized military unit d : BANNER 1 3 : something established by authority, custom, or general consent as a model or example : CRITERION <quite slow by today's standards> 4 : something set up and established by authority as a rule for the measure of quantity, weight, extent, value, or quality 5 a : the fineness and legally fixed weight of the metal used in coins b : the basis of value in a monetary system <the gold standard> 6 : a structure built for or serving as a base or support 7 a : a shrub or herb grown with an erect main stem so that it forms or resembles a tree b : a fruit tree grafted on a stock that does not induce dwarfing 8 a : the large odd upper petal of a papilionaceous flower (as of the pea) b : one of the three inner usually erect and incurved petals of an iris 9 : a musical composition (as a song) that has become a part of the standard repertoire - stan·dard·less adjective synonyms STANDARD, CRITERION, GAUGE, YARDSTICK, TOUCHSTONE mean a means of determining what a thing should be. Typically Standards are produced by many organizations (or groups of cooperating entities), some for internal usage only, others for use by groups of people, groups of companies, or an entire industry. They form interest groups, that obtain mutual gains in a coordinated action if they ensure a "group-wide" uniformity in a measure (for comparative evaluations), or in a technical reference level of quality or attainment. See the Wiktionary link for varient definitions of standard. Specific usage may apply to: International standard; Measure standards: International System of Units Frequency standard, used for calibrating oscillators; Internet standards: W3C recommendation, officially ratified by the IETF; Internet standard, officially ratified by the IETF; Open standard; Standards organization. Learning Standards in Education Roman Standards See also Standardization. ..." 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