Which one among the following best describes an economic activity that is concerned with production of goods,extraction of minerals or the provision of services
The term 'industry' implies an economic activity involving goods production, mineral extraction or provision of consumer services. Industry is the production of goods or related services within an economy. It converts the raw materials into the finished products.
Complete the following based on the representation: Generally Industries can be classified on the basis of Raw Materials, __________ and Ownership.
Size of industries are measured by how much money is invested, employee count and goods produced. It is categorized as small scale and large scale industries.
Which of the following can be considered as an example of the economic activity production of goods from the industry sector?
Which of the following can be considered as an example of the economic activity extraction of minerals from the industry sector?
The Coal mining industry is involved in extraction of coal that is one of the most important minerals.
Which of the following can be considered as an example of the economic activity service provider from the industry sector?
Banking is a part of service industry as it provides service of holding deposits, extending loans as and when the consumers need it.
Classify the industries based on the Raw materials they use and complete the image given below:
Which of the following best describes an agro based industry?
To which category of industry (based on raw materials) does Iron made from iron ore belong to?
Processing sea food and manufacturing fish oil can be considered as examples of :
Marine industries: it is related to marine activities. extration of minerals from sea, sea foods or manufacturing fish oils comes into this industries.
Pulp and Paper, Pharmaceuticals, Furniture, Buildings etc are good examples of
They utilise forest produce as raw materials. The industries associated with forest are pulp and paper, pharmaceuticals, furniture and buildings.