Types of

Industries
Agribusiness
Agribusiness
• Agriculture –the science and art of cultivating
plants and producing livestock.
 In the 1970s, 28% of the country’s Gross
Domestic Product (GDP) has been contributed by
agriculture.
After more than four decades, its share in the
economy GDP has slid down to only 11% from 54%.
 Agriculture in the Philippines employs 30% of
the Filipino workforce as of 2013, according to
World Bank statistics. Agriculture accounts for 12%
of Filipino GDP as of 2013, according to the
World Bank.
 As the producer of food grains it devotes more
than 50% of farm lands in the planting of rice and
corn. Aside from this, the agricultural sector is also
the source of raw materials supplied to the
industrial sector as well as the producer of export
products for the world market.
 There are also business opportunities in the
productionof other fruits and vegetables and
varieties of rice and corn that cater to the changing
tastes of Filipino consumers.
These crops are rice, corn, coconut, sugarcane,
mango, camote, tomato, abaca, calamansi, among
others.
 The long coastlines of the Philippines are
endowed with marine resources for fisher folks to
harness for fish production. But aside from
commercial fishing for seafood production, there
are business prospect in municipal fishing,
aquaculture, s and cage/pen operations
opportunities.
 What is an Industry?

• Industry broadly refers to any form of

economic activity that has the purpose of
making money.
Types of Industries
• Primary industries
• Directly involved with natural
• resources. Examples include
• fishing, farming, etc.
Tertiary industries
Involves selling and exchanging
of goods and services
Secondary industries
Involves processing and
transforming of raw materials
obtained from primary activities
or that of packaging manufactured
goods
Quaternary industries
Involves handling and processing
of information and knowledge
Primary Industries
• Primary industries are directly involved with natural
resources.
• The following are some examples of primary industries:
Fishing industry
Involves the catching of sea
produce from oceans, rivers,
seas and lakes for sale. Some
examples of produce are fish,
prawns, crabs and mussels.
Primary Industries
Farming industry
Involves the
cultivation of crops and
rearing of animals for
sale. Some examples
include vegetable
farming, cattle
ranching and poultry
rearing.
 For animal production, there are two types
that can be pursued: Livestock and poultry
production.
This can also undertake
activities that commercial provide
can
employment opportunities
income
to poor
and household.
Primary Industries

Forestry industry
Involves the felling of trees in
forests for resources, especially
timber. Timber is used for
shipbuilding, paper-making and
construction work.
 For forestry resources the main source
of income is logging. But because of the
environmental implications of this type
of agribusiness the commercial
opportunities are becoming limited with
the implementation of the log ban.
Primary Industry

Mining industry
Involves the extraction of
minerals, such as iron and
diamonds. Also involves the
extraction of fossil fuels, such as
petroleum and natural gas.

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Secondary Industries

• Secondary industries involve the processing and

transforming of raw materials obtained from primary
activities or packaging of manufactured goods.

• They are also known as ‘manufacturing industries’.

Industrial sector and Manufacturing industries

• The industrial sector is composed of manufaturing,

construction, mining, and utilities, which includes
electricity, gas and water.

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More than 70% of production of the sector
comes from manufacturing industries. Because
of the prominence of the manufacturing sector,
there are numerous subsectors within this
type of industry that can offer business
opportunities to budding entrepreneurs.
Secondary Industries
Primary industry
Logging

Secondary industry Secondary industry Secondary industry

Processed into paper Construction Shipbuilding
Secondary Industries
• Primary and secondary industries are closely linked
together because they depend on each other for
future growth.
• Secondary industries can be described as light
industries or heavy industries, mainly based on the
amount of raw materials used and the nature of
goods produced.
 Light and Heavy Industries
• Light industries use few raw
materials to produce E.g.
relatively lightweight goods. Manufactur
e of
garments
• Heavy industries use bulky
machinery and large
quantities of raw materials E.g. Steel
industries
to produce large and heavy
goods.
Labour-intensive and Capital-intensive Industries

• Labour refers to people in an industry, while capital

refers to money used to set up and maintain a business.
• Labour-intensive industries and capital-intensive
industries are differentiated by the number of people
employed and amount of capital used in the industry.
A shoe factory Oil refinery
(A labour- (A capital-
intensive intensive
industry) industry)
Manufacturing establishments can be classified
as:
• Shop/factory • Cannery
• Bakery • Abattoir
• Food establishments • Brewery
• Distillery • Foundry
• Refinery • Tannery
Tertiary Industries
• Tertiary industries are also known as
‘service industries’. Some examples
include banking, education, tourism,
entertainment, transportation, and
sale or distribution of food.
• Tertiary industries may be classified
as those providing basic services (e.g.
medical services at a polyclinic) and
those providing premium services
(e.g. specialist clinics and private
hospitals).
Tertiary
Industry

Service Sector and Retail Services

• Service are products that are consumed
when they are produced.
 With the rapid improvements of in
information and communication technology,
services are increasingly traded internationally
through various modes of supply including cross
border transactions, consumption abroad,
commercial presence, and movement of natural
persons.
 Services cover a host of industries including
wholesale and retail industries, transportation,
communication, and storage including
warehousing, hotels and restaurants, financial
intermediation, real estate and business
activities, education, and other social services,
private and government services.
 Quaternary Industries
• Quaternary industries involve handling and processing of
information and knowledge (e.g. research and development
(R&D), education or consultancy)
• Companies in the other types of industries may engage the
services of quaternary industries (e.g. a manufacturing
company may engage a consultancy firm to seek advice on cost
cutting, market research, etc)
• Quaternary industries also work towards developing new
products and services to meet the needs of consumers (e.g.
R&D in a pharmaceutical company to develop new drugs and
medicine)
Industrialisation of a Country
• Industrialization is the process whereby the
machine-assisted production of goods develops
greater importance in an economy or a country.
• Industrialization is often synonymous with the
rapid growth of the secondary industries or
manufacturing industries.
• International Trade
• An export in international trade is a
good or service produced in one country
that is bought by someone in
another country.
• An import is a good or service brought
into one country from another.
Activity:
Industry Analysis
General Instructions:
1. Choose an industry: Select an industry that you would like to
analyze. Can be any industry that interests you, such as
healthcare, technology, or manufacturing.
2. Research the industry: Be able to look for information on the
history of the industry, current trends, and future projections.
3. Conduct a SWOT analysis: Use the information you gathered to
conduct a SWOT analysis of the industry. Identify the strengths,
weaknesses, opportunities, and threats of the industry.

Date of submission: May 2, 2023