Describe three different ways in which industries are classified

1.	Describe three different ways in which industries are classified
Answer» Explanation: The different ways in which industries are classified: (i) On the BASIS of source of raw materials are classified: • Agro BASED industries • MINERAL based industries (ii) On the basis of their main role • Basic or key industries • Consumer industries (iii) On the basis of capital investment • Small scale industries • LARGE scale industries (iv) On the basis of ownership • Public sector • Private sector • Joint sector • Cooperative sector (v) Based on the BULK and weight of raw material and finished products • Heavy industries • Light industries hope it will help plx follow me

Answer»

Explanation:

The different ways in which industries are classified:

(i) On the BASIS of source of raw materials are classified:

• Agro BASED industries

• MINERAL based industries

(ii) On the basis of their main role

• Basic or key industries

• Consumer industries

(iii) On the basis of capital investment

• Small scale industries

• LARGE scale industries

(iv) On the basis of ownership

• Public sector

• Private sector

• Joint sector

• Cooperative sector

(v) Based on the BULK and weight of raw material and finished products

• Heavy industries

• Light industries

hope it will help

plx follow me

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