Question

What are the various types of industries?

Answer 1

The various types of industries are :

(a) Primary industry-It includes all activities related to

(i) Extraction and production of natural resources.

(ii) Reproduction and development of living organisms plants and so on.

(b) Secondary Industry- It makes use of products which are extracted and produced by the primary industry as their raw materials and produce finished products.

(c) Tertiary Industry-Tertiary industries provide supporting services to primary industries, secondary industries and to all activities related to trade, removing hindrances arising during the process of production and distribution of goods.