classification of industries ?
class 10
Answers
2) according to role - basic and consumer
3) capital investment - small scaled
4) ownership - public private and joint sector
Classification of industries are-
1. Industries that are classified based on size are listed below-
a. Small-scale industries- These industries are not diversified and use meager amounts of capital. An example is handicraft industries.
b. Large scale Industries- These industries use a large source of capital and technologies. An example of this industry is the steel and iron industry.
2. Industries that are classified based on raw materials are listed below-
a. Agro-based industries that derive the raw materials from agricultural products.
b. Mineral-based industries where minerals are the raw materials.
c. Forest-based industries where forest products form the basic raw materials.
3. Industries that are classified based on ownership are listed below-
a. Public sector industry
b. Private sector industry