PUMPA - SMART LEARNING
எங்கள் ஆசிரியர்களுடன் 1-ஆன்-1 ஆலோசனை நேரத்தைப் பெறுங்கள். டாப்பர் ஆவதற்கு நாங்கள் பயிற்சி அளிப்போம்
Book Free DemoWe have seen the definition of production and the types of utilities. Now, let's learn about the types of production process, which is common in the Economy.
Primary Production:
For any industry to produce goods, it needs raw material. Primary production carries out the process of extracting raw materials from the earth's surface and the ocean's. Industries like agriculture, forestry, fishing, mining and oil extraction are examples of this.
For any industry to produce goods, it needs raw material. Primary production carries out the process of extracting raw materials from the earth's surface and the ocean's. Industries like agriculture, forestry, fishing, mining and oil extraction are examples of this.
Agriculture
Secondary Production:
This type mainly deals with converting the raw materials into semi-finished or finished goods. They are generally described as manufacturing and construction industries, such as the manufacture of cars, furnishing, clothing and chemicals, as also engineering and building.
This type mainly deals with converting the raw materials into semi-finished or finished goods. They are generally described as manufacturing and construction industries, such as the manufacture of cars, furnishing, clothing and chemicals, as also engineering and building.
- Cotton (Primary sector) – Cotton Industry (Secondary Sector) = Cloth Production
- Iron ore (Primary sector) – Iron Industry (Secondary sector) = Material Production
- Wheat flour (Primary sector) – Bread Factory (Secondary Sector) = Food Production
Example:
Secondary production - Industry
Tertiary Production:
Industries in the tertiary sector mainly focus on all those services that enable the finished goods to be put in consumers' hands. Examples include distributive traders, banking, insurance, transport and communications. Government services, such as law, administration, education, health and defence, are also included.
Industries in the tertiary sector mainly focus on all those services that enable the finished goods to be put in consumers' hands. Examples include distributive traders, banking, insurance, transport and communications. Government services, such as law, administration, education, health and defence, are also included.
Tertiary production - Bank
Important!
The most significant contributor to the Gross Domestic Product (GDP) of our country is the tertiary sector.
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