2. WHAT IS AN INDUSTRY
INDUSTRY REFFERS TO AN ECONOMIC ACTIVITY
THAT IS CONCERNED WITH PRODUCTION OF
GOODS ,EXTRACTION OF MINERALS OR THE
PROVISIONOF SEVICES .
4. RAW MATERIAL
ON THEBASES OF RAW MATERIAL INDUSTRIES
ARE OF FOLOWING TYPES :
AGRO BASED INDUSTRIES
MINERAL BASED INDUSTRIES
MARINE BASED INDUSTRIES
FOREST BASED INDUSTRIES
5. AGRO BASED INDUSTRIES
AGRO BASED INDUSTRIES USE PLANT
AND ANIMAL BASED PRODUCTS AS
THEIR RAW MATERIAL .
MINERAL BASED INDUSTRIES
MINERAL BASED INDUSTRIES ARE
PRIMARY INDUSTRIES THAT USE
MINERAL ORES AS THEIR RAW
MATERIAL
6. MARINE BASED INDUSTRIES
MARINE BASED INDUSTRIES USE
PRODUCTS FROM THE SEA AND
OCEANS AS RAW MATERIAL .
FOREST BASED INDUSTRIES
FORES.T BASED INDUSTRIES UTILISE
FOREST PRODUCT AS RAW MATERIAL.
7. SIZE
SIZE REFERS TO AMOUNT OF CAPITAL
INVESTED , NUMBER OF PEOPLE
EMPOYED AND THE VOLUME OF
PROCUCTION
ON BASES OF SIZE INDUSTRIES CAN BE
CLASSIFIED INTO :
SMALL SCALE
LARGE SCALE
8. SMALL SCALE INDUSTRY
SMALL SCALE INDUSTRY WHERE THE
PRODUCTS ARE MANUFACTURED BY
HAND , BY THE ARTISANS.
LARGE SCALE INDUSTRY
INVESTMENT OF CAPITAL IS HIGHER AND
THE TECHNOLOGY USED IS SUPERIOR
IN LARGE SCALE INDUSTRY.
9. OWNERSHIP
ON THE BASES OF OWNERSHIP THE
INDUSTRIES CAN BE CLASSIFIED INTO:
PRIVATE SECTOR INDUSTRIES
JOINT SECTOR INDUSTRIES
CO-OPERATIVE SECTOR INDUSTRIES