Different type of market in industry market with example
Answers
Answer:
Industry based on agriculture: The industry which converts agricultural products into industrial products
2. Basic industries: These are heavy industries which are the basic for other industries. As iron and steel industry
3. Cooperative Industry: These industries are arranged by a group of people who are also helping in running industries with the cooperation of each other while being productive of raw materials.
4. Consumer industry: These industries mainly provide goods for the consumption of people.
5. Cottage Industry: These industries are run on small scale in homes or villages.
6. Heavy Industries: These industries use heavy raw materials to produce heavy finished goods. Such as: iron and steel industry
7. Industry: An increase in the value of raw material by the production process of the factory is called industry
8. Joint Industries: The industries which are run by the joint efforts of the State Government and the private sector.
9. Light Industry: These industries produce lightly finished goods using low-load raw materials. Such as electronics, fans etc.
10. Large-scale industries: Industry giving a large number of people in every unit and increasing production levels. Such as jute or jute industry.
11. Mineral-based industries: Industries that convert mineral products into finished goods.
12. Public sector industries: These industries are owned by both central and state governments. E.g., B.H.E.L., H.E.C. And NTPC
13. Primary Industries: These are the industries of raw materials production.
14. Private sector industries: These industries are owned and controlled by a person, firm or company.
15. Secondary industry: These industries produce goods using goods made by the primary industries.
16. Small-scale industries: Industry giving a small number of people and investing around two crore capital investment industry,
Explanation: