Question

Topic - Industry

1. Define - What is industry?

2. Name the different types of infustries based on size.

3.Name the different types of industries based on ownership.

4. Give 2(two) examples of Private sector industry.​

Answer 1

1.)An industry is a group of companies that are related based on their primary business activities.

2.) there are four types of industries on the basis of size they are:

1. large scale industries,

2.small scale industries, 3.medium industries

4.cottage industries.

3).the different types of industries based on ownership are:

1. private sector,

2.public sector,

3.joint sector

4.co operative sector.

4)two examples of Private sector industry are:apple,designers