TeachMeFinance.com - explain NAICS (North American Industry Classification System)
NAICS (North American Industry Classification System) The term 'NAICS (North American Industry Classification System)' as it applies to the area of energy can be defined as ' A coding system developed jointly by the United States, Canada, and Mexico to classify businesses and industries according to the type of economic activity in which they are engaged. NAICS replaces the Standard Industrial Classification (SIC)codes'.
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