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What are primaru industries

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What are primaru industries

Posted by Gopika Wadhawan 4 years, 1 month ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 4 years, 1 month ago

Industries can be classified under the following types:-

1. Primary Industry

Primary industry includes all those activities, which are connected with the extraction and production from natural resources as well as reproduction and development of living organisms, plants. These industries may be further sub-divided as follows:

(i)Extractive Industries : These industries extract or draw out products from natural sources. Extractive industries supply some basic raw-material that are mostly the products of the soil. Products of these industries are usually transformed into many other useful goods by manufacturing industries. e.g Mining etc.

(ii) Genetic Industries : The industries remain engaged in breeding plants and animals for their use in further reproduction. For the breeding of plants, the seeds and nursery companies are typical example of genetic industries.

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