Explain with examples the various types of industries

cbse
natureofbusiness

#1

Industries may be divided into three broad categories, namely primary, secondary and tertiary.

  1. Primary industries : These include all those activities which are concerned with the extraction and production of natural resources. These industries may be further divided as follows :
    (i) Extractive industries : These industries extract to draw out products from natural resources.
    (ii) Genetic industries : These industries remain
    engaged in breeding plants and animals for their use in further production