Question
Explain the types of production.

Answer

There are three types of production
  1. Primary production
  2. Secondary productiuon
  3. Tertiary or service production

1. Primary Production:

  • Primary production is industries are extracting the gifts of nature from the earth’s surface and Oceans.
  • Ex: fishing, mining, agriculture.

2. Secondary Production:

  • It is the manufacturing industry, conversion of raw material into finished good.
  • Ex: Manufacture of clothes, cars and cheniicals.

3. Terticary production:

  • In the tertiary sector all those services which enable the finished goods to be put in the hands of consumers.
  • Ex: Banking, transport and communications.

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