studynlearn
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pm | classification of industries (3rd Feb 23 at 10:13am UTC)
we are going to learn about the classification of industries. Let us first understand what is an Industrial System. | | we are going to learn about the classification of industries. Let us first understand what is an Industrial System. An industrial system consists of inputs, processes, and outputs. classification of industries The inputs are the raw materials, labor, and costs of land, transport, power, and other infrastructure. The processes include a wide range of activities that convert the raw material into finished products. Industries can be classified on the basis of raw materials, size, and ownership. Let us understand the classification of industries one by one.
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