Explain briefly the types of industries
Answers
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.
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:
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