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Question

Explain various industries based on raw material.

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Solution

Instructions:
  1. Define industry
  2. Classification of industries based on raw material
  3. Give examples
Answer:

Industry:

An industry is a classification that refers to a group of companies or businesses that are related to the production of goods and services.

Classification of industries based on raw materials

Agriculture-based industry

The industry that depends on agriculture for raw materials is known as the ‘agro-industry’.
Examples: Jute, dairy and sugar

Mineral-based industry

Industries that use raw materials like metallic and non-metallic minerals are termed ‘mineral-based industries’.
Examples: Railway, automobile

Forest-based industry

These industries procure forest produces to use as raw material.
Examples: Matchstick, pencil, and furniture

Animal-based industry

Businesses that depend on animals and their products for raw material.
Example: Dairy, poultry and leather

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