MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Classification of Industries

Which of the ...

Question

Which of the following industries is concerned with the production of goods?

A

Iron and steel industry

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Banking industry

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Tourism industry

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Coal mining industry

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Iron and steel industry
Industry can be described as an economic activity which is concerned with the production of goods, extraction of minerals or providing services. Iron and steel industry is associated with the production of goods, whereas, coal mining industry is concerned with the extraction of minerals like coal. Tourism industry is a service provider.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Economic activities that are concerned with producing finished goods come under which of the following?

Q. Write a word or phrase or a term which can substitute each one of the following statements.

1. Human activities conducted for earning money.
2. A type of trade that sales the goods directly to ultimate consumer.
3. Trade that take place between the traders of two different countries.
4. An aspect of business which is concerned with the production of goods.
5. Various services which facilitate smooth flow of goods and services from seller to buyer.
6. The type of industries that provides services.
7. The type of industries that creates immovable wealth.
8. Monetary returns earned by a professional for rendering expert services.
9. An aspect of business which is concerned with the distribution of goods.
10. A type of industry which takes out the wealth from the earth.

Q. Business is concerned with the production and distribution of goods and services _______.

Q. _________________ includes activities concerned with production, purchase, sale or distribution of goods and services with a motive of earning profit.

Q. Which of the following is concerned with the Quality, performance of a product?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

How Are Industries Classified?

GEOGRAPHY

Watch in App

explore_more_icon

Explore more

Classification of Industries

Standard VIII Geography

Join BYJU'S Learning Program

CrossIcon