Commerce JAMB

Extractive industries may also be denominated as?

A. direct industries
B. service industries
C. primary industries
D. indirect industries

Correct Answer:

Option C – primary industries

Explanation

An industry involved in the extraction and collection of natural resources, such as copper and timber, as well as by activities such as farming and fishing. A company in a primary industry can also be involved in turning natural resources into products. it involves industry, such as mining, agriculture, or forestry, that is concerned with obtaining or providing natural raw materials for conversion into commodities and products for the consumer.

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