Question

Descibe three diffrent ways in which industries are classified

Answer 1

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).

Answer 2

Industries can be broadly classified in many categories

         BY WEIGHT OF GOODS-

                                Heavy and

                                 Light industry

          By scale of industry

                   Large,medium and small

               By nature of ownership

private,public,joint,cooperative