Types of Industries
Types of Industries
IDUSTRIES
This sector of a nation’s economy includes agriculture, forestry, fishing, mining, quarrying, and
the extraction of minerals. It may be divided into two categories: genetic industry, including the
production of raw materials that may be increased by human intervention in the production
process; and extractive industry, including the production of exhaustible raw materials that
cannot be augmented through cultivation.
The genetic industries include agriculture, forestry, and livestock management and fishing—all
of which are subject to scientific and technological improvement of renewable resources. The
extractive industries include the mining of mineral ores, the quarrying of stone, and the
extraction of mineral fuels.
SECONDARY INDUSTRY
An industry that takes raw materials as input and creates finished products as output. This can be
contrasted with primary industries that produce raw materials and industries that
The industrial sector of an economy that is dominated by the manufacture of finished products.
Unlike a primary industry, which collects and produces raw materials for manufacture, a
secondary industry makes products that are more likely to be consumed by individuals.
and telecommunications.
Manufacturing and Industry sector known as secondary sector, sometimes as production sector,
includes all branches of human activities that transform raw materials into products or goods.
TERTIARY INDUSTRY
The tertiary sector or service sector is the third of the three economic sectors of the three-sector
theory. The others are the secondary sector (approximately the same as manufacturing), and
The service sector consists of the production of services instead of end products. Services (also
known as "intangible goods") include attention, advice, access, experience, and affective labor.
The production of information has long been regarded as a service, but some economists now
The tertiary sector of industry involves the provision of services to other businesses as well as
final consumers. Services may involve the transport, distribution and sale of goods from
control or entertainment.
TYPES OF
IDUSTRIES
mining, quarrying, and the extraction of minerals. It may be divided into two
countries.
SECONDARY INDUSTRY
The industrial sector of an economy that is dominated by the manufacture of
finished products. Unlike a primary industry, which collects and produces raw
materials for manufacture, a secondary industry makes products that are
more likely to be consumed by individuals. Examples of secondary industry
divisions include automobile manufacturing, steel production and
telecommunications.
Jacernil Jatap
ABM I – Georgia
Applied Economics
Ma’am Marcy Saflor
PRIMARY INDUSTRY
An industry involved in the extraction and collection of natural
resources, such as copper and timber, as well as by activities such as
farming and fishing. A company in a primary industry can also be involved in
turning natural resources into products. Primary industry tends to make up a
larger portion of the economy of developing countries than they do for
developed countries.
The genetic industries include agriculture, forestry, and livestock management and fishing—all
of which are subject to scientific and technological improvement of renewable resources. The
extractive industries include the mining of mineral ores, the quarrying of stone, and the
extraction of mineral fuels.
An industry concerned with the extraction of natural resources such as minerals. It also includes
fisheries and the agriculture industry. A company that is a part of a primary industry is involved
in converting natural resources into consumable products.
SECONDARY INDUSTRY
The industrial sector of an economy that is dominated by the manufacture of finished products.
Unlike a primary industry, which collects and produces raw materials for manufacture, a
secondary industry makes products that are more likely to be consumed by individuals.
Examples of secondary industry divisions include automobile manufacturing, steel production
and telecommunications.
Manufacturing and Industry sector known as secondary sector, sometimes as production sector,
includes all branches of human activities that transform raw materials into products or goods.
Manufacturing and Industry sector known as secondary sector, sometimes as production sector,
includes all branches of human activities that transform raw materials into products or goods.
TERTIARY INDUSTRY
The tertiary industry is the segment of the economy that provides services to its consumers,
including a wide range of businesses such as financial institutions, schools and restaurants. It is
also known as the tertiary sector or service industry/sector. The tertiary industry is one of three
industry types in a developed economy, the other two being the primary, or raw materials, and
secondary, or goods production, industries. As an economy becomes more developed, it shifts its
focus from primary to secondary and tertiary industries.
The tertiary sector of industry involves the provision of services to other businesses as well as
final consumers. Services may involve the transport, distribution and sale of goods from
producer to a consumer, as may happen in wholesaling and retailing, pest
control or entertainment. The goods may be transformed in the process of providing the service,
as happens in the restaurant industry. However, the focus is on people interacting with people
and serving the customer rather than transforming physical goods.
TYPES OF
IDUSTRIES
The tertiary sector of industry involves the provision of services to other businesses as
well as final consumers. Services may involve the transport, distribution and sale of
goods from producer to a consumer, as may happen in wholesaling and retailing, pest
control or entertainment. The goods may be transformed in the process of providing the
service, as happens in the restaurant industry. However, the focus is on people
interacting with people and serving the customer rather than transforming physical
goods.
TYPES
OF
IDUSTRIES
Marjorie Caraan
ABM I – Georgia
Applied Economics
Ma’am Marcy Saflor
PRIMARY INDUSTRY
An industry concerned with the extraction of natural resources such as minerals. It also includes
fisheries and the agriculture industry. A company that is a part of a primary industry is involved
This sector of a nation’s economy includes agriculture, forestry, fishing, mining, quarrying, and
the extraction of minerals. It may be divided into two categories: genetic industry, including the
production of raw materials that may be increased by human intervention in the production
process; and extractive industry, including the production of exhaustible raw materials that
A company in a primary industry can also be involved in turning natural resources into products.
Primary industry tends to make up a larger portion of the economy of developing countries than
Manufacturing and Industry sector known as secondary sector, sometimes as production sector,
includes all branches of human activities that transform raw materials into products or goods.
Manufacturing and Industry sector known as secondary sector, sometimes as production sector,
includes all branches of human activities that transform raw materials into products or goods.
TERTIARY INDUSTRY
The tertiary sector or service sector is the third of the three economic sectors of the three-sector
theory. The others are the secondary sector (approximately the same as manufacturing), and
the primary sector (raw materials).
The service sector consists of the production of services instead of end products. Services (also
known as "intangible goods") include attention, advice, access, experience, and affective labor.
The production of information has long been regarded as a service, but some economists now
attribute it to a fourth sector, the quaternary sector.
The tertiary sector of industry involves the provision of services to other businesses as well as
final consumers. Services may involve the transport, distribution and sale of goods from
producer to a consumer, as may happen in wholesaling and retailing, pest
control or entertainment. The goods may be transformed in the process of providing the service,
as happens in the restaurant industry. However, the focus is on people interacting with people
and serving the customer rather than transforming physical goods.