Question

describe three different ways in which industries are classified ​

Answer 1

Explanation:

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

hope it will help

plx follow me

Answer 2

Industries are divided on the basis of raw material, size and ownership.

$\huge\underline\mathcal\purple{SIZE}$

Size of Industries refers to the amount of capital invested, a number of people employed and the volume of production. Industries are classified into two types based on size: small scale and large scale industries.

$\huge\underline\mathcal\red{Small \: scale}$

Small scale industries manufacture products by hand and includes cottage and household industry. These industries use a lesser amount of capital and technology. For example, Basket-weaving, pottery and other handicraft industries.

$\huge\underline\mathcal\red{Large \: scale}$

Large scale industries produce large volumes of products. The investment of capital is higher, and technology is superior. For example, the production of automobiles and heavy machinery.

$\huge\underline\mathcal\purple{OWNERSHIP}$

Ownership: Industries based on ownership can be classified as:

$\huge\underline\mathcal\green{Private \: sector}$

Private Sector Industries owned and operated by individuals or a group of individuals. For example, Bharat Heavy Electrical Ltd., Indian Oil Corporation.

$\huge\underline\mathcal\green{Public \: sector}$

Public sector industries owned and operated by the government. For example, Hindustan Aeronautics Limited and Steel Authority of India Limited.

$\huge\underline\mathcal\green{Joint \: sector}$

This also includes Joint Sector Industries and Cooperative Sector Industries.

$\huge\underline\mathcal\purple{BTS \: EXO}$