Question

Define industry and its types?​

Answer 1

Answer:

Industry, a group of productive enterprises or organizations that produce or supply goods, services, or sources of income.

An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. Workers in the textile industry design, fabricate, and sell cloth

There are four types of industry: primary, secondary, tertiary and quaternary.

1. Primary industry involves getting raw materials e.g. mining, farming and fishing.

2. Secondary industry involves manufacturing e.g. making cars and steel.

3. Tertiary industries provide a service e.g. teaching and nursing.

4. Quaternary industry involves research and development industries e.g. IT.

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