CLASSIFICATION OF BUSINESS ACTIVITIES

INDUSTRY

Making useful goods from raw material, the manufacturing and the production of goods

1. Primary industry -
   1. extract raw material from nature
   2. Extractive industry
   3. Genetic industry
2. Secondary industry -
   1. make useful goods from raw materials
   2. materials are processed to produce goods for final consumption or for further processing
   3. FURTHER Classification:
      1. Manufacturing industries
      2. Construction industries
3. Territory industry -
   1. providing services instead of goods as products in exchange for money
   2. This industry helps in the activities of the primary & secondary industry.

COMMERCE

1. Involves buying and selling.
2. all those activities which help directly or indirectly in the distribution of goods to the ultimate consumer Distribution of goods and services.

1. Trade

buying and selling of goods n services

2. Aids to trade

transportation, warehousing, marketing, advertising etc

India me classification of business Trade import export Industry Primary secondary Product service eyc