Classify industries on the basis of source of raw materials.
Answers
Industries are categorized into four types based on raw materials:-
1) Agro - based industries : Plant and animal based products are used as raw materials in agro - based industries. For example : cotton textile, vegetable oil, food processing, dairy products and leather industries.
2) Mineral based industries : Mineral based industries are built on mining and mineral ore is used as raw material. These industries also provide raw materials to other industries. They are used for heavy machinery and building materials. For example : iron and steel industry, cement industry.
3) Marine based industries : Raw materials from ocean or sea are used in marine based industries. For example : fish oil.
4) Forest based industries : Raw materials from the forests like wood are used in forest based industries. For example : paper, pharmaceutical and furniture industries.
Industries are the enterprises that are responsible for manufacturing of goods and services from raw materials and transform these raw materials into finished goods.
Explanation:
Based on the sources of raw material the industries can be classified into two types which includes:
1. Agro based industry: The agro based industries obtain their raw materials from the agricultural products such as cotton, jute and other plant or animal fibers are used by the textile industry thus the textile industry can be called as agro based industry.
2. Mineral based industry: These industries use inorganic minerals like iron, aluminium and others to manufacture products for example automobile industry.
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