Industrial Structure Essay

862 words - 4 pages

The industrial sectors
Industrial sector Definition Example
PRIMARY definition: The extraction of raw materials from the ground and sea
Examples: mining, fishing, oil drill, forestry

SECONDARY definition: Processing of raw materials and manufactured goods
Examples: metallurgy, machine engineering, electronics

TERTIARY Definition: Provision of services.
Examples; stores, shops, transport, car hires

QUATERNARY Definition: Provision of information and administrative services
Examples: leasing, IT, real estates, financial services

There are four major types of industry in Canada/USA/Europe. Primary, Secondary, Tertiary and Quaternary.
Primary Industries
Industries that ...view middle of the document...

Major businesses in the primary industry sector include agriculture, horticulture, agribusiness, fishing, aquaculture, forestry and all mining and quarrying industries.
DefinitionSave to Favorites
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.
Primary industry tends to make up a larger portion of the economy of developing countries than they do for developed countries. See also service industry, secondary industry.

Read more: http://www.businessdictionary.com/definition/primary-industry.html#ixzz2IYnAvLBa

Secondary Industries
Involves the processing of primary industry products into finished goods (stage two of previous skate diagram).
Commonly known as manufacturing industries. Includes products ranging from computers and rings to cans of fruit and bulldozers. There is both primary, and secondary types of manufacturing.
secondary industries are : when raw materials is taken and are changed or processed into some type of new product or resource

Examples of secondary industry jobs are carpenters, bakers, builders, car manufacturers and sewing machinists
DefinitionSave to Favorites
The industrial sector of an economy that is dominated by the manufacture of finished products.
Unlike a primary industry, which collects and produces raw materials for manufacture, a secondary industry makes products that are more likely to be consumed by individuals. Examples of secondary industrydivisionsinclude automobilemanufacturing, steel production and telecommunications. Also called secondary sector of industry.

Read more: http://www.businessdictionary.com/definition/secondary-industry.html#ixzz2IYpK4DVF
Secondary industry = manufacturing (processing) industry => changes raw materials into
products of more value, e.g. iron ore to steel, steel to motor vehicles
_ Mechanised factories (production)
o heavy industry
o light industry
_ Craft industries – hand...

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