What is Industry? write in various types
Answers
Answer:
There are four types of industry. These are primary, secondary, tertiary and quaternary. Primary industry involves getting raw materials e.g. mining, farming and fishing. Secondary industry involves manufacturing e.g. making cars and steel.
Explanation:
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Explanation:
Various types of industries are:
Primary- Industries which deal with obtaining or offering raw materials which are processed as commodities for the customers. can be further be categorized into :extractive,genetic. eg: fishing etc
Secondary- Industries which are essentially manufacturing or assembling industries. It receives raw materials from primary industries and processes them to commodities for the customers .further categorized into : manufacturing, construction industry. 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.
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