Geography : Chapter 7 - Industries

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26 Terms

1

Economic Activities

Various activities by which humans attain wealth. There are four types :-

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2

Primary Activities

Production of basic raw materials and food eg. Agriculture and fishing, mining, forestry

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3

Secondary Activites

Processing and Manufacturing of primary goods into finished goods, such as textiles, automobiles, and electronics.

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4

Tertiary Activities

Services eg. Banking, Transportation

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5

Quaternary Activities

Deal in all types of cultural and intellectual activities eg. Research, Education

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6

Consumer Goods

Used by consumers eg. Food, Textiles

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7

Producer Goods

Used by manufacturers to make more goods eg. Machinery, Tools and equipment.

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8

Localisation of Industries

Depends on land, capital, raw materials, energy, govt. policies, labour, environmental clearance, transportation and market.

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9

CLASSIFICATION ON THE BASIS OF RAW MATERIALS

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10

Agro-based

Raw materials are crops eg. Sugarcane, cotton, fruits

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11

Animal-Based

Raw materials are derived from animals, such as meat, dairy products, and wool.

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12

Forest-Based

Raw materials obtained from forests include timber, wood products, and other forest resources.

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13

Marine-based

Based on marine organisms eg. fish industry

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14

Mineral-based

Use various minerals as raw materials eg. Iron and Steel

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15

CLASSIFICATION ON THE BASIS OF SIZE

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16

Large-scale

Industries that require significant capital, workforce, and infrastructure to produce goods in large quantities, often using bulky raw materials like iron and steel.

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17

Medium-Scale

Industries requiring less capital and labor, producing moderate quantities of goods, such as automobiles and electronics.

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18

Small-Scale

Industries using under 5 crore capital, employing few people, producing small quantities for local or foreign markets, e.g., furniture and toys.

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19

Cottage industries

Employ families with hereditary skills eg. handloom, handicrafts

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20

CLASSIFICATION ON THE BASIS OF OWNERSHIP

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21

Public sector

Govt-operated industries at state, central, or local levels; typically heavy industries funded by citizen investments through shares and bonds, e.g., Steel Authority of India.

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22

Private sector

Owned by individuals or groups using their own funds; includes small private industries and joint stock companies governed by the Companies Act, e.g., Tata and Reliance Industries

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23

Joint sector

Industries jointly owned by private entities and the government, sharing resources and profits eg. Maruti Suzuki India Ltd., Hindustan Zinc Ltd. (Indian Govt. & Sterlite Industries Ltd.)

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24

Cooperative Sector

Owned by cooperative societies under Cooperative Societies Act, where members pool resources and share profits.There are two types :-

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25

Consumer Cooperatives

Kaira Milk Producers Union

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26

Producer Cooperatives

CAPEX (Kerala State Cashew Workers Apex Industrial Cooperative Society Ltd.)

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