Types of Industry • Primary Industry • Secondary Industry • Tertiary Industry • Quarternary Industry
Primary Industry • Definition: • Industries that take raw materialfrom the earth and sell to other industries for manufacturing. • Raw Material simply means “natural substance”… ex. Iron ore makes steel. • This industry employs 5% of population
Examples of Primary Industry Agriculture
Types of Primary Industry • Agriculture • Fishing • Forestry • Mining, oil, gas
Secondary Industry • Definition: • The processing of raw material into finished goods. • Manufacturing companies are the main type of secondary industry… • For example…making of cars, refrigerators, watches etc. • This industry employs 22 % of population
Building Construction House Construction
Types of Secondary Industry • Manufacturing • Construction • Utilities
Tertiary Industry • Definition: • These types of businesses support secondary industry and the general society. • For example…restaurants, dry cleaning, government. • This industry employs most working Canadians @ 74%
Types of Tertiary Industry • Wholesale • Retail • Transportation • Finance, Insurance, and Real Estate • Education • Health and welfare • Personal Services/Business Service
Quaternary Industry • Definition: • Any tertiary industry that deals with information technology. • For example, microchip production, computer service, computer programming.
THE END Or is it????