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What Are the Basic Industries? Give an Example
By BYJU'S Exam Prep
Updated on: September 25th, 2023
One category of industries is basic industries. What are the basic industries? Basic industries are the industries that supply the raw materials which are used to manufacture a wide range of goods. Some examples include copper, steel and iron smelting, and aluminium smelting. Furthermore, these industries can be classified based on the types and source of raw materials.
Table of content
Answer:
Basic industries are responsible for supplying raw materials that are used to manufacture various goods
Here are some of the basic industries based on different parameters.
On the basis of the source of raw materials:
- Mineral based industries
- Agro based industries
On the basis of ownership:
- Joint sector industries
- Private sector industries
- Public sector industries
- Cooperative sector industries
On the basis of weight and bulk of raw materials and finished goods:
- Light industries
- Heavy industries
Summary:
What Are the Basic Industries? Give an Example
Basic industries are responsible for supplying the raw materials that are used to manufacture a wide variety of goods. Some examples include iron smelting, aluminium smelting and copper smelting. These industries can further be divided into other industries based on different parameters such as ownership, weight and bulk, source of raw materials, capital investment, and more.
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