Oil landia limited (oil) belongs to which of the following types of in...
Oil Landia Limited (Oil) belongs to the following type of industry:
Oil Landia Limited belongs to the extractive industry, which involves the extraction of natural resources from the earth. This industry is also known as the primary sector as it is the first step in the production of goods and services that we use in our daily lives.
Explanation:
The extractive industry includes companies that are involved in the extraction of natural resources such as oil, gas, coal, minerals, and timber. These resources are then sold to other industries or directly to consumers for further processing or use.
Oil Landia Limited is a company that is primarily involved in the extraction of oil. The company may also be involved in the refinement, transportation, and sale of oil and oil-related products.
The extractive industry is important as it provides the raw materials that are needed for the production of goods and services in other industries. For example, oil and gas are used to produce energy, which is then used to power factories and homes. Minerals are used in the production of electronics and construction materials.
However, the extractive industry can have negative impacts on the environment and communities where resource extraction takes place. These impacts include deforestation, water pollution, air pollution, and displacement of communities.
In conclusion, Oil Landia Limited is a company that belongs to the extractive industry as it is primarily involved in the extraction of oil. While the extractive industry is important for the production of goods and services, it is also important to consider the negative impacts it can have on the environment and communities.
Oil landia limited (oil) belongs to which of the following types of in...
Pls answer is submit to