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What are various types of industry …

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What are various types of industry ? explain each ?

    • Posted by Sunil Choudhary 4 years ago

    CBSE > Class 11 > Business Studies
    • 1 answers

    Yogita Ingle 4 years ago

    Various types of industries are:

    1. Primary- Industries which deal with obtaining or offering raw materials which are processed as commodities for the customers. Example: Farming, Fishing
    2. Secondary-  Industries which are essentially manufacturing or assembling industries. It receives raw materials from primary industries and processes them to commodities for the customers. Example: Food manufacturing, Textile manufacturing
    3. Tertiary- These industries act as a support system to the primary and secondary industries. It is also known as the service industry or the service sector. Example: Banking, Transport.

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