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The Standard Industrial Classification (SIC) is a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies. Established in the United States in 1937, it is used by government agencies to classify industry areas.
The International Standard Industrial Classification of All Economic Activities (ISIC) is a United Nations industry classification system. Wide use has been made of ISIC in classifying data according to kind of economic activity in the fields of employment and health data.
Australian and New Zealand Standard Industrial Classification: Governments of Australia and New Zealand 1993, 2006 BICS Bloomberg Industry Classification Standard [2] Bloomberg L.P. 10/.../2294 GICS Global Industry Classification Standard: Standard & Poor's, MSCI: market/ company 2-8 digits 11/24/69/158 1999–present (2018) HSICS
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [1] into which S&P has categorized all major public companies.
The United Kingdom Standard Industrial Classification of Economic Activities (UKSIC) is a Standard Industrial Classification that is intended to help classify businesses according to the type of their economic activity. One or more SIC codes can be attributed to a business.
Industrial classifications organize economic activity in general, and economic organizations (companies, non-profit organizations, etc.) in particular, into categories generally called "sectors" or "industries", typically defined by the kind of product or service produced.
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An economic taxonomy is a system of classification of economic activity, including products, companies and industries. Some economists believe that the study of economic policy demands the use of a taxonomic/classificatory approach. [1]