100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Summary

Summary IGCSE Commerce: Types Of Industries Notes (No Book Needed!)

Rating
-
Sold
-
Pages
6
Uploaded on
03-09-2022
Written in
2022/2023

These class notes aid in removing the need for a book as they make clear all the topics needed to understand the chapter on Production for O level and IGCSE Commerce.

Institution
GCSE
Module
Commerce









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Document information

Uploaded on
September 3, 2022
Number of pages
6
Written in
2022/2023
Type
Summary

Content preview

TYPES OF INDUSTRIES
(PRIMARY, SECONDARY, TERTIARY)


Production is classified into three categories or branches of
production, primary production, secondary production and
tertiary production. But before going into their details let us
discuss the production can be of two types:


Direct production: When the person produces what he needs
by himself, it is called direct production. It is sometimes also
referred as self-production. Example, growing vegetables
needed by the family in the home garden itself, or making a
chair at home to be used by the family for sitting.
Indirect production: When goods, services and ideas are
produced with the intention of selling them in the market it is
called as indirect production. It is because goods are produced
aiming at the market. Most of the production activity in the
world belongs to indirect production.

, Now, as discussed earlier, categories of production can be
described as follows.


Primary production (or Agriculture production)
This is the first stage of production. Primary sector involves
changing natural resources into primary products. These are the
industries would utilize resources in their natural form itself.
They can be categorized as, agriculture, forestry, animal
production (farm products) and fisheries, et cetera.
Primary sector also includes extractive industries which are
concerned with the physical taking out of metals and minerals
from the Earth. For example, mining, quarrying, dredging, et
cetera.
There are two main types of primary production:
1. Exhaustive industries: Those industries that take
resources from nature and are not replaced. For example,
mining and quarrying, et cetera.
£3.61
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
Tutoringguruu

Also available in package deal

Thumbnail
Package deal
IGCSE Commerce: Introduction to Production and Trade (Complete Easy Notes!)
-
5 2022
£ 15.28 More info

Get to know the seller

Seller avatar
Tutoringguruu
View profile
Follow You need to be logged in order to follow users or courses
Sold
0
Member since
3 year
Number of followers
0
Documents
14
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Frequently asked questions