What are the 3 types of industries?

What are the 3 types of industries?

What are the 3 types of industries?

In economics, industries are customarily classified as primary, secondary, and tertiary; secondary industries are further classified as heavy and light.

Is industry primary secondary or tertiary?

The tertiary industry is one of three primary industrial types in a developed economy, the other two being the primary (i.e., raw materials), and secondary (i.e., goods production) industries. As an economy becomes more developed, it tends to shift its focus from primary to secondary and tertiary industries.

What are the levels of industry?

There are four types of industry. These are primary, secondary, tertiary and quaternary.

What are the different types of industry?

19 Types of Business Industries – Different types of Industry

  • Aerospace Industry.
  • Transport Industry.
  • Computer Industry.
  • Telecommunication industry.
  • Agriculture industry.
  • Construction Industry.
  • Education Industry.
  • Pharmaceutical Industry.

What are the different classification of industries?

Complete Answer: Industries are classified on different basis such as raw materials, size and ownership. If we talk about the basis of size, then there are four types of industries, i.e. large scale industries, small scale industries, medium industries and cottage industries.

What are the 3 main types of secondary industry?

Types of secondary industries

  • Textile mills, manufacturing of apparel and leather manufacturing.
  • Products related to tobacco and beverage like wineries, pan masala, gutka, distilleries, manufacturing of bottled water, soft drinks and breweries.

What are the classification of industries?

Ownership: Industries can be classified into the private sector, state-owned or public sector, joint sector, and cooperative sector.

How many types of industry are there?

Ans: There are mainly 3 types of industries primary, secondary and tertiary.