Question

describe about the different ways in which the industries are classified ​

Answer 1

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The different ways in which industries are classified:

(i) On the basis of source of raw materials are classified:

• Agro based industries

• Mineral based industries

(ii) On the basis of their main role

• Basic or key industries

• Consumer industries

(iii) On the basis of capital investment

• Small scale industries

• Large scale industries

(iv) On the basis of ownership

• Public sector

• Private sector

• Joint sector

• Cooperative sector

(v) Based on the bulk and weight of raw material and finished products

• Heavy industries

• Light industries

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Answer 2

Answer:

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Explanation:

Industry is classified into three sector theory.

1. primary industry ( agricultyre).

2. secondary industry.(manufacturing).

3. tertiary industry.(services).

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