Question

7. Briefly explain the types of industries.

Answer 1



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Explain different types of industries with examples

CBSE Class 11 CBSE Class 11 Business Studies

cbsenatureofbusiness

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prasanna

Jan '17

Industries are divided into three broad categories namely primary, secondary and tertiary.
(i) Primary Industries They include all those activities which are connected with extraction and production of natural resources and reproduction and development of living organisms, plants, etc.
These industries are subdivided into two types
(a) Extractive Industries They are involved in extraction of products from natural resources. For example, wood from forests, fish from rivers and minerals from earth.
(b) Genetic. Industries They include activities connected with rearing and breeding of animals and birds and growing plants. For example, agricultural activities, animal husbandry, dairy farming, poultry farming, etc.
(ii) Secondary Industries They are concerned with the further processing of materials which have already been extracted at the primary stage. For example, the mining of an iron ore is a primary industry but manufacturing of steel from that iron is secondary.
Secondary industries may be of two types
(a) Manufacturing Industries They convert raw materials into finished products like cotton into textiles, wood into furniture or iron into steel

Answer 2

hey...
u......

watch it here....

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let's start.._______


Industrydivided into three main categories. Recently Tertiary industry has been sub-divided into a fouth type. Extract raw materials (which are natural products) from the land or sea e.g. oil, iron ore, timber, fish. Mining, quarrying, fishing, forestry, and farming are all example of primary industries.

according to availability ofraw meterials industry is divided into two groups..

1. agro based(agriculture as raw material).

2.mineralbased(minerals as raw material).

according to investment it is divided into two groups..
1.large scale(more than 1 crore)

2.small scale(less than 1 crore but more than 20 lakhs..)..

hope it helps dude.....

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___Roshan___