Give two examples each of the mineral-based, agro-based and the forest-based industries.
Answer
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Hint: Industry is a term used to describe a group of businesses or organisations that manufacture or supply products, services, or revenue streams. In economics, industries are divided into main, secondary, tertiary, and quaternary categories.
Complete answer:
The following are the different types of industries:
Agro-based industries, Mineral-based industries, Marine-based industries, and Forest-based industries are all based on raw materials. Small- and large-scale industries are divided into two categories based on their size. Private sector industries, public sector industries, and joint sector industries are divided into three categories based on ownership.
Mineral-based industries are those that rely on mineral ores as a source of raw materials. Mineral-based industry produces iron, which is produced from iron ore. This is used as a raw material for a variety of other goods, including heavy equipment, construction materials, and railway coaches.
Two examples of mineral – based industries are Copper and Iron.
Agro-based industries use crops grown by farmers as raw materials, such as sugarcane for the sugar industry, jute plant for the jute textile industry, cotton plant for the cotton textile industry, vegetable and fruits for the food processing industries, and so on.
Two examples of agro – based industries are Silk and Sugar.
Forest-based industries refer to any industry that gets its raw materials from trees or plant life.
Two examples of forest – based industries are Paper and Matchbox.
Note: The world's main industries are the iron and steel, textile, and information technology industries. The raw material for other industries is the iron and steel industry's product. As a result, it's also known as the feeder industry. Steel is sometimes referred to as the "backbone" of industrial manufacturing.
Complete answer:
The following are the different types of industries:
Agro-based industries, Mineral-based industries, Marine-based industries, and Forest-based industries are all based on raw materials. Small- and large-scale industries are divided into two categories based on their size. Private sector industries, public sector industries, and joint sector industries are divided into three categories based on ownership.
Mineral-based industries are those that rely on mineral ores as a source of raw materials. Mineral-based industry produces iron, which is produced from iron ore. This is used as a raw material for a variety of other goods, including heavy equipment, construction materials, and railway coaches.
Two examples of mineral – based industries are Copper and Iron.
Agro-based industries use crops grown by farmers as raw materials, such as sugarcane for the sugar industry, jute plant for the jute textile industry, cotton plant for the cotton textile industry, vegetable and fruits for the food processing industries, and so on.
Two examples of agro – based industries are Silk and Sugar.
Forest-based industries refer to any industry that gets its raw materials from trees or plant life.
Two examples of forest – based industries are Paper and Matchbox.
Note: The world's main industries are the iron and steel, textile, and information technology industries. The raw material for other industries is the iron and steel industry's product. As a result, it's also known as the feeder industry. Steel is sometimes referred to as the "backbone" of industrial manufacturing.
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