what is extractive industry and genetic industry
Answers
In industry: Primary industry. …be divided into two categories: genetic industry, including the production of raw materials that may be increased by human intervention in the production process; and extractive industry, including the production of exhaustible raw materials that cannot be augmented through cultivation.
•Genetic Industries :- The term 'genetic' has been derived from the word 'genetics' which refers to the study of heredity. Genetics Industries are, therefore, engaged in the reproduction or multiplication of certain species of plants and animals to earn profits.
•Extractive Industries :- These industries are engaged in extraction of useful materials from beneath the surface of the earth and sea. In these industries the products gifted by nature are forestry (Producing Woods), and hunting are the main examples of extractive industries.
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