Question

explain what is an industry and discuss the types of industries in detail.​

Answer 1

Answer:

Economic activity concerned with the processing of raw materials and manufacture of goods in factories.

There are four types of industries are given below:

1. Primary industry

2. Secondary industry

3. Tertiary industry

4. Quaternary

Answer 2

Various types of industries are:
Primary- Industries which deal with obtaining or offering raw materials which are processed as commodities for the customers. Example: Farming, Fishing
Secondary- Industries which are essentially manufacturing or assembling industries. It receives raw materials from primary industries and processes them to commodities for the customers. 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.