Explain the concept of industry.(2 marks)
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Industries are part of the secondary activity. Secondary activities or manufacturing converts raw material into products of more value to people. Industry refers to economic activities concerned with the production of goods, extraction of services and provision or services. Hence we can say that Industries are concerned with:
•Production of good (steel energy)
•Extraction of minerals (coal mining)
•Provision for services (tourism)
•There are also Emerging Industries: ‘Sunrise Industries’
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