2. An industry is an economic
activity which is concerned
with the production of goods,
extraction of minerals and the
provision of services.
3. Industries
Primary Industries
Genetic Industries
- are those industries which
are engaged in re-production
and multiplication of species of
plants and animals with the sole
objective of sale.
Extractive Industries
- Any processes that involve
the extraction of raw materials
from the earth to be used by
consumers.
Secondary Industries
Manufacturing Industries
- deal with the conversion
of raw materials or semi-
finished goods into finished
products.
Construction Industries
-help in faster
development of economic
activities like transportation
and communication.
4. PRIMARY INDUSTRIES
PRIMARY -Primary industries produce
goods using natural resources.
EXAMPLES of primary industries;
* Agriculture
*Diary Farming
*Fishing
*Mining
6. Tertiary Industries
Tertiary Industries (sometime referred to as
services industry )
*Neither produce a raw material nor make
a product.
* Instead they provide services to other
people and industries.
*Tertiary industries can include doctors,
dentists, refuse collection and banks.
7. Quaternary Industries
*Involve the use of high tech industries
*People who work for these
companies are often highly qualified
within their field of work.
*Research and development
companies are the most common
types of businesses in this sector.