A Well-Known and Widely Used System That Classified Industries for More

question 43

Multiple Choice

A well-known and widely used system that classified industries for more than 60 years was the:

• A) Commercial Industrial Classification system.
• B) National Industrial Classification system.
• C) Standard Industrial Classification system.
• D) American Industrial Classification system.

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Definitions:

Identity

“The conception of the self reflexively and discursively understood by the self” (Kuhn, 2006, p. 1340); the story of the self that we tell to both ourselves and others.

Social

Relating to society or its organization, emphasizing the interactions and relationships among individuals within a community.

Fixed

Something that is set or determined without change; often refers to something that is stationary or has a permanent position.

Means of Production

The physical, non-human inputs used for the production of economic value, such as factories, machines, and tools.