Industry and its Types

Industry includes those activities which are related to:

• Buying & selling of goods

• Sale of goods

• Preparation of goods & services

• All the above

Secondary industry can be divided into two parts ________________

• Constructive, extractive

• Constructive, manufacturing

• Extractive, genetic

• Constructive, genetic

Industry is the component of ___________________

• Commerce

• Trade

• Government

• Business

Which of the following is an example of the Genetics Industry?

• Sugar mills

• Extraction of gas

• Poultry Farm

• Textile mills

Hidden resources below the surface of the earth are extracted in:

• Extractive industry

• Genetics industry

• Construction industry

• Manufacturing industry

Primary Industry can be divided into two parts:

• Extractive, genetics

• Constructive, genetics

• Extractive, manufacturing

• Constructive, manufacturing

It is a component of business that deals with transferring the goods to ultimate consumers.

• Industry

• Commerce

• Processing Industry

• Analytical Industry

The manufacturing industry is further classified into four types Analytical, synthetical, processing and assembling.

• True

• False

Processing - The manufacturing industry means the cotton textile industry where cotton passes through the spinning, weaving, dyeing, bleaching, and printing processes.

• True

• False

Synthetical - Manufacturing means factories where cosmetics, soap, cement, fertilizer, and paint, etc are prepared.

• True

• False