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WEEK 8
TOPIC: INDUSTRY
CONTENT:
SUB-TOPIC 1: MEANING AND CLASSIFICATION OF INDUSTRIES
MEANING OF INDUSTRY
It is a general business activity that is concerned with the processing of raw materials and manufacturing of goods into semi – finished or finished products.
CLASSIFICATION OF INDUSTRIES
Industries are of 3 different types namely (i) Primary (ii) Secondary (iii) Tertiary industries.
Industries can also be classified into local craft or cottage industries and manufacturing industries.
Manufacturing industries are classified into 3 groups.
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