what are the different ways in which industries are classified
Answers
Answer:
Industries can be classified in a variety of ways. At the top level, industry is often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary
Answer:
the following are the ways in which industries are classified
Explanation:
1. on the basis of raw material .
a. Agro based industry ( sugar and jute industry)
b. Mineral based industries ( iron and steel industries)
2. On the basis of Ownership of enterprises
a. joint sector ( OIL LTD.)
b. public sector ( BHEL AND SAIL)
c. Private sector (TISCO , DABUR )
d. cooperative sector ( AMUL)
3. On the basis of their use
a. Basic industries ( iron and steel industries forms base of all other industries)
b. Consumers industries ( produce goods for direct use of consumers i.e. sugar and toothpaste industries. )
4. on the basis of capital investment
a. Small scale industries ( toy industry)
b. large scale industries ( iron and steel industries)
5. on the basis of their weightage of their raw materials
a. Light industries ( plastic industries)
2. heavy industries (aluminum industries).
For more info you can check your class 10 geography Ncert book chapter Manufacturing industries.
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