WORLD INDUSTRIES

Classification of Industries
• Primary Industry: It is the simplest form of industry which consists of the first processing of
raw materials and then producing industrial raw materials. Such industries include the
smelting of bauxite to make aluminum.
• Secondary Industry: Basically they include all reprocessing of partially manufactured goods
to make more complex products, e.g. the use of cloth in clothing and the use of paper to
make books. They are called heavy industries e.g. engineering, metal goods, heavy
chemicals, shipbuilding, locomotives, and light industries.
• Tertiary Industry: It consists of service industries such as trade, transportation, commerce,
entertainment, personal services, tourism, and administration, and so on.
• Quaternary industry: This group is involved in the research of science and technology and
other high-level tasks. They include scientists, doctors, and lawyers.
• Quinary Sector: Some consider these to be a branch of the quaternary sector, which
includes the highest levels of decision-making in a society or economy. This sector would
include the top executives or officials in such fields as government, science, universities,
nonprofits, healthcare, culture, and the media. These are of a consultancy nature.