Business Studies, asked by tranigles8523, 9 months ago

Explain briefly the types of industries

Answers

Answered by lokendersingh143
1

Answer:

There are four types of industry. These are primary, secondary, tertiary and quaternary.

Explanation:

Primary industry involves getting raw materials e.g. mining, farming and fishing.

Secondary industry involves manufacturing e.g. making cars and steel.

Tertiary industries provide a service e.g. teaching and nursing.

Quaternary industry involves research and development industries e.g. IT.

Answered by queensp73
1

Answer:

Various types of industries are:

Primary- Industries which deal with obtaining or offering raw materials which are processed as commodities for the customers. can be further be categorized into :extractive,genetic. eg: fishing etc

Secondary-  Industries which are essentially manufacturing or assembling industries. It receives raw materials from primary industries and processes them to commodities for the customers .further categorized into : manufacturing, construction industry. Example: Food manufacturing, Textile manufacturing

Tertiary- These industries act as a support system to the primary and secondary industries. It is also known as the service industry or the service sector. Example: Banking, Transport.

Explanation:

Hope it helps u

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