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Types of Industries

Primary industry involves the extraction and collection of natural resources such as minerals, agriculture, forestry, fishing, mining and quarrying. It includes converting natural resources into products. Primary industry makes up a larger share of developing economies compared to developed economies. It is divided into genetic industries that cultivate renewable resources and extractive industries that mine non-renewable resources.
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0% found this document useful (0 votes)
418 views33 pages

Types of Industries

Primary industry involves the extraction and collection of natural resources such as minerals, agriculture, forestry, fishing, mining and quarrying. It includes converting natural resources into products. Primary industry makes up a larger share of developing economies compared to developed economies. It is divided into genetic industries that cultivate renewable resources and extractive industries that mine non-renewable resources.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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TYPES OF

IDUSTRIES

Amon, Christina Gail M.


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.

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

produce services. A large secondary industry is characteristic of an industrial economy. The

following are illustrative examples of a 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.
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.
TYPES OF
IDUSTRIES

Gutierrez, Danica Joy O.


ABM I – Georgia
Applied Economics
Ma’am Marcy Saflor
PRIMARY INDUSTRY
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.

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
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 produce services. A large secondary industry
is characteristic of an industrial economy. The following are illustrative
examples of a 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.
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.
TYPES OF
IDUSTRIES

Riah Jean R. Noma


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.

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.
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 produce services. A large secondary industry is
characteristic of an industrial economy. The following are illustrative
examples of a 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.
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

Pamela Dela Rosa


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 in converting natural resources

into consumable products.

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.

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.

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 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.
TYPES OF
IDUSTRIES

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.

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.
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 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.
TYPES
OF IDUSTRIES

Caper, joyce bernadeth


ABM I – Georgia
Applied Economics
Ma’am Marcy Saflor
PRIMARY INDUSTRY
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.

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

Patricia Mae Patalagsa


ABM I – Georgia
Applied Economics
Ma’am Marcy Saflor
PRIMARY INDUSTRY
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.

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. See also service industry, secondary industry.
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 produce services. A large secondary industry is characteristic of an industrial
economy. The following are illustrative examples of a 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.
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

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

in converting natural resources into consumable products.

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.

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.


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 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.

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