Describe the type of industry in detail?
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Answer:
There are four types of industry. These are primary, secondary, tertiary and quaternary. Primary industry involves getting raw materials e.g. mining, farming and fishing. ... Quaternary industry involves research and development industries e.g. IT.
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Explanation:
An industry is a group of companies that are related based on their primary business activities. In modern economies, there are dozens of industry classifications, which are typically grouped into larger categories called sectors.
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