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Question

What is secondary sector?


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Solution

The manufacturing and Industry sector are known as the secondary sector, sometimes as the production sector. The secondary sector includes secondary processing of raw materials, food manufacturing, textile manufacturing and industry.

Definition

The secondary industry sector(manufacturing industry) processes the raw materials supplied by primary industries and prepares them for consumer products. Later procedures products that have been combined into product lines by specific secondary industries. The sector is further divided into,

  • Large or heavy scale industry – It includes huge finance capital in plants and equipment, gives a vast and varied industry such as other industrial sectors, has a complex industrial organization and often a skilled specialist workforce, and produces a high quantity of production.
    Examples – Steel & Iron manufacturing industry, petroleum refining sector, etc.
  • Small or light scale industry – It may be recognised by the industrial products and a short cost of capital in plant and machinery, which may include nonstandard items, such as personalized or design work.
    Examples – Plastic manufacturing, textile industry, food processing etc.


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