Question

What are the basis on which the industries can be classified give at least two example for each (in brief)

Answer 1

Answer:

A- on the basis of their raw materials

ex: 1- agro based industries

2- marine based industries

B- on the basis of their size

ex: 1- small scale industries

2- large scale industries

C- on the basis of ownership

ex: 1- public sector industries

2- private sector industries

Explanation:

Answer 2

Industries are classified into various groups -

• On the basis of their size. Example - Small Scale, Large Scale

• On the basis of their Nature of finished products. Example - Basic, Consumer

• On the basis of Source of raw material. Example - Animal Based, Mineral Based

• On the basis of Ownership. Example - Public Sector, Private Sector