Classification of Industries
Answers
Industries can be classified in a variety of ways. At the top level, industry is often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Agro based industries - cotton, woolen, jute, silk, textile, etc. Mineral based industries - iron, steel, cement, aluminium, etc. Basic industry - industry which supply their products as raw material to other industries. eg- iron and steel, aluminium smelting.
Answer:Industries can be classified in a variety of ways. At the top level, industry is often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services).
Explanation:
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