What is the meaning of Sloyd?

(n.) Lit., skilled mechanical work, such as that required in wood carving; trade work; hence, a system (usually called the sloyd system) of manual training in the practical use of the tools and materials used in the trades, and of instruction in the making and use of the plans and specifications connected with trade work. The sloyd system derives its name from the fact that it was adopted or largely developed from a similar Swedish system, in which wood carving was a chief feature. Its purpose is not only to afford practical skill in some trade, but also to develop the pupils mentally and physically.