Types of indUSTRIES

About Industries

1. Types of Industry

2. An industry is an economic activity which is concerned with the production of goods, extraction of minerals and the provision of services.

3. Industries Primary Industries Genetic Industries - are those industries which are engaged in re-production and multiplication of species of plants and animals with the sole objective of sale. Extractive Industries - Any processes that involve the extraction of raw materials from the earth to be used by consumers. Secondary Industries Manufacturing Industries - deal with the conversion of raw materials or semi-finished goods into finished products. Construction Industries -help in faster development of economic activities like transportation and communication.

4. PRIMARY INDUSTRIES PRIMARY -Primary industries produce goods using natural resources. EXAMPLES of primary industries; * Agriculture * Diary Farming * Fishing * Mining

5. SECONDARY INDUSTRIES SECONDARY INDUSTRIES (sometimes referred to as manufacturing industry ) - Secondary industries are Labour -oriented industries and deal with the manufacture of finishing products.

6. Tertiary Industries Tertiary Industries (sometime referred to as services industry ) * Neither produce a raw material nor make a product . * Instead they provide services to other people and industries. * Tertiary industries can include doctors, dentists, refuse collection and banks.

7. Quaternary Industries * Involve the use of high tech industries * People who work for these companies are often highly qualified within their field of work . *Research and development companies are the most common types of businesses in this sector.

8. RETAIL INDUSTRIES * Products are sold to consumers usually for their personal use. *Need of people.