Industry can be defined as the economic activity concerned with the processing of raw materials and manufacture of goods in factories.
However, an industry is a group of manufacturers or businesses that produce a particular goods or services.
TYPES OR CLASSES OF INDUSTRY
There are four major types of industries.They are as follows:
1.Primary industry
2.Secondary industry
3.Tertiary industry
4.Quatemary industry.
2.Secondary industry
3.Tertiary industry
4.Quatemary industry.
1.PRIMARY INDUSTRY: This is a type of industry that's based on fishing, farming and mining.
2.SECONDARY INDUSTRY: This is a second stage of industry that produce a usable finished products. And also it involves in a construction purposes.Examples are Cassava to Garri,palm kernel to palm oil,flour to bread ,leather to shoes or bags etc
3.TERTIARY INDUSTRY: This is the third segment of economy that provides goods and services. Examples are schools, hospitals,financial institutions etc.
4.QUATEMARY INDUSTRY:This is a knowledge - based oriented services of the economic and they are into informations and research purposes.
