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With 23-Down, punishment for the wicked

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Possible Answers:

FIRE.

Last seen on: The Atlantic Sunday, 17 December 2023 Crossword Answers

Random information on the term “FIRE”:

A FIRE economy is any economy based primarily on the finance, insurance, and real estate sectors. Finance, insurance, and real estate are United States Census Bureau classifications. Barry Popik describes some early uses as far back as 1982. Since 2008, the term has been commonly used by Michael Hudson and Eric Janszen. It is New York City’s largest industry and a prominent part of the service industry in the United States overall economy and other Western developed countries.

This term is frequently used in the financial press and blogs. Its origin is in the realm of North American industrial classification. “Finance, Insurance, and Real Estate” is the title of 1992 U.S. Census Bureau Standard Industrial Classification (SIC) Division H. Its coverage was “All domestic establishments that provide financial, insurance, or real estate services.” Its coverage was elaborated in two-digit SIC codes 60 through 67. The SIC was replaced by the North American (Canada, US, Mexico) Industry Classification System (NAICS) starting in 1997. The SIC had ten top-level divisions, NAICS has twenty. The new NAICS essentially split the old Division H into code 52 Finance and Insurance and code 53 Real Estate and Rental and Leasing.

FIRE on Wikipedia

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