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Industrialist Meaning: Definition, Examples, and Translations

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industrialist

[ษชnหˆdสŒstrษชษ™lษชst ]

Definitions

Context #1 | Noun

business owner

An industrialist is a person who owns or is involved in the management of an industrial enterprise, especially a manufacturing one.

Synonyms

magnate, manufacturer, tycoon.

Which Synonym Should You Choose?

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Word Description / Examples
industrialist

Use this word when referring to someone who owns or manages a large industrial enterprise, especially in a historical or modern context of heavy industry.

  • John Rockefeller was a famous industrialist in the steel industry.
  • The town thrived under the leadership of local industrialists.
manufacturer

A more neutral term used for someone or a company that produces goods, typically in large quantities through industrial processes.

  • The car manufacturer released a new line of electric vehicles.
  • She owns a small company that is a manufacturer of organic cosmetics.
tycoon

This word implies a person who is extremely successful and powerful in the business world, often used with a slightly dramatic flair. It can carry a slight implication of ruthless or shrewd business practices.

  • The real estate tycoon made billions through luxury developments.
  • Known as a tech tycoon, Elon Musk has invested in various futuristic projects.
magnate

This term is often used for someone who has accrued great wealth or influence in a particular industry, not necessarily limited to manufacturing industries.

  • Media magnate Rupert Murdoch expanded his empire globally.
  • The shipping magnate invested heavily in new technologies.

Examples of usage

  • The industrialist expanded his business empire by acquiring new factories.
  • She inherited the family fortune and became a successful industrialist.
Context #2 | Noun

entrepreneur

An industrialist is someone who takes risks to establish and run industrial businesses, often with significant financial investments.

Synonyms

businessperson, capitalist, mogul.

Which Synonym Should You Choose?

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Word Description / Examples
industrialist

Best used when referring to someone who owns or manages a large industrial enterprise, typically in manufacturing or related sectors.

  • The industrialist invested heavily in modernizing the factory.
  • As an industrialist, she revolutionized the steel industry.
businessperson

Appropriate for general use when talking about anyone involved in commercial, industrial, or professional activities.

  • He is a successful businessperson with interests in real estate.
  • She attended a conference for businesspersons from around the world.
capitalist

Used to describe someone who invests capital in businesses and typically has a significant amount of wealth; often has a strong, sometimes negative, connotation in discussions about economic systems.

  • He became a wealthy capitalist through his investments in tech startups.
  • They accused the capitalist of exploiting workers.
mogul

Ideal for describing a powerful and influential figure in a specific industry, often media, entertainment, or business; implies significant clout and wealth.

  • The media mogul bought another television network.
  • She is a fashion mogul known for her innovative designs.

Examples of usage

  • The young industrialist launched a startup that revolutionized the tech industry.
  • She is known as a visionary industrialist who invests in sustainable energy projects.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Historical Context

  • The Industrial Revolution marked the transition from agrarian economies to industrialized ones, changing how goods were manufactured and consumed.
  • Key figures like Andrew Carnegie and John D. Rockefeller were considered industrialists who had a significant impact on sectors such as steel and oil, respectively.
  • Industrialists played a crucial role in urbanization, as factories concentrated jobs in cities, drawing people from rural areas.

Pop Culture

  • In films and literature, industrialists are often portrayed as powerful figures, sometimes embodying both innovation and moral dilemmas.
  • Characters inspired by historical industrialists often illustrate the conflict between wealth and social responsibility, as seen in stories about wealth-hoarding vs. philanthropy.
  • Modern television often highlights industrialists as influential characters in dramas about corporate life, showcasing their pursuit of profit and impact on society.

Economics

  • Industrialists are key players in capitalism, owning the means of production and influencing labor markets and economic policies.
  • Their decisions can impact everything from local economies to global supply chains, as they control the production and distribution of goods.
  • The rise of industrialists also led to discussions about labor rights, leading to movements advocating for workers' rights and better wages.

Technology

  • Many industrialists are at the forefront of technological advancements, investing in innovations that streamline production processes.
  • The shift to automation and artificial intelligence in factories showcases how modern industrialists adapt to ensure competitiveness in the global market.
  • Sustainability is becoming a priority for contemporary industrialists, who are integrating green technologies to reduce environmental impacts.

Origin of 'industrialist'

Main points about word origin

  • The word 'industrialist' comes from 'industry,' which has its roots in the Latin word 'industria,' meaning hard work or diligence.
  • The suffix '-ist' indicates someone who practices or is concerned with something, in this case, industry.
  • The term began to take its modern shape during the Industrial Revolution, a period of major industrial growth in the 18th and 19th centuries.

The term 'industrialist' originated in the early 19th century, during the Industrial Revolution. As industrialization spread, individuals involved in the ownership and management of factories and industries emerged as prominent figures in the economy. Industrialists played a key role in shaping modern economies and driving innovation through their investments in industrial ventures.

See also: agroindustry, industrial, industriously, industry.

Word Frequency Rank

Positioned at #22,681, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.