Characteristics and Types of Industries

The video tutorial explains the concept of industries, focusing on their classification into three main categories: raw materials, size, and ownership. It further divides industries based on raw materials into agro-based, mineral-based, marine-based, and forest-based. The size-based classification includes small and large scale industries, while ownership-based classification covers public, private, joint stock, and cooperative industries. Examples are provided for each type to enhance understanding.

What is the primary role of industries in the secondary sector?

• To provide services

• To distribute goods

• To convert raw materials into valuable products

• To extract raw materials

Which of the following is NOT a criterion for classifying industries?

• Size

• Raw materials

• Location

• Ownership

What type of industry uses agricultural products as raw materials?

• Marine-based industry

• Agro-based industry

• Mineral-based industry

• Forest-based industry

Which industry is an example of a mineral-based industry?

• Iron manufacturing

• Food processing

• Furniture making

• Fish oil production

What is a characteristic of small-scale industries?

• High technology usage

• Large number of employees

• Minimal technology usage

• Global market reach

Which industry is an example of a large-scale industry?

• Cottage industry

• Automobile manufacturing

• Handicrafts

• Basket weaving

What type of ownership is characterized by government control?

• Cooperative ownership

• Joint stock ownership

• Public ownership

• Private ownership

Which of the following is an example of a private industry?

• Steel Authority of India Limited

• Reliance Industries

• Anand Milk

• Maruti

What distinguishes a cooperative industry from a joint stock industry?

• Cooperatives are run by the producers of raw materials

• Joint stock industries are owned by the government

• Cooperatives have a single owner

• Joint stock industries are run by a single family

Which industry type involves a group of individuals running it together without being the producers?

• Joint stock industry

• Public industry

• Private industry

• Cooperative industry