Industries — Flashcards

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An industry is an activity that converts raw materials into finished products with the help of machinery and human skill. Industries include simple goods like a tea pot and complex goods like computer…

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Industries satisfy growing needs, provide employment, and improve the economy. A strong industrial sector supports higher economic growth, better national income, and a higher standard of living.

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In 1947, about 56.6% of India's GDP came from the primary sector, while manufacturing, construction, electricity, gas, and water supply together accounted for only 15% of GDP. This showed that industr…

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Manufacturing is the conversion of raw material into finished products with the help of machinery. It turns useful natural materials into products that people can use easily.

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Manufacturing is the process of making finished products from raw materials. Industry is a broader term that includes manufacturing and all related activities such as production, labour, capital, and …

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Important geographical factors are raw materials, power supply, water supply, transport, market, site, climate, and labour. These factors help industries run efficiently and reduce costs.

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Nearness to raw materials reduces transport cost and saves time. For example, sugar mills are located near sugarcane fields, and iron and steel industries are located near iron ore and coalfields.

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Power supply is one of the most important needs of a modern industry. Industries often concentrate near energy sources because machines need a steady supply of power.