Question

What is meant by Industry? Discuss various types of Industries.

Answer 1

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.

Industry can be divided into three main categories. Recently Tertiary industry has been sub-divided into a fouth type. Extract raw materials (which are natural products) from the land or sea e.g. oil, iron ore, timber, fish. Mining, quarrying, fishing, forestry, and farming are all example of primary industries.