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TeachMeFinance.com - explain NAICS (North American Industry Classification System) NAICS (North American Industry Classification System) -- 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. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.