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TYPES OF INDUSTRIES  Manufacturing is the processing of raw materials

1. AGRIBUSINESS into finished goods through the use of


 Agriculture has been defined as the science and equipment, tools and processes. Manufacturing
art of producing livestock and cultivating plants is process that allows enterprises to sell finished
and animals. products at a price over the cost of the raw
For animal production, there are two types materials used.
that can be engaged to one is livestock and the 5. INTERNATIONAL TRADE
other is poultry. These two are commonly  International trade is the exchange of services
engaged by the small entrepreneurs which and goods from one country to another. This
provide livelihood that can provide income type of trade gives opportunity to a world
and employment opportunities to poor economy, in which prices, or demand and
households. supply, affect and are affected by global events.
2. RETAIL IMPORT
 Retail includes the sale of merchandise from a An import is a good or service that brought
one point of purchase directly to a consumer from the other countries. The word "import"
who tends to utilize that product. comes from the word "port" since goods are
3. SERVICE often travelled via ships or boats to foreign
 A service industry is any industry that produces countries.
value that is primarily intangible such as advice, EXPORT
consultation, customer service, knowledge, Exports are goods and services made in one
management, data and experiences. country and sold to buyers in another. Exports
4. MANUFACTURING are important to modern economies, because
they provide opportunities to people and firms
many channels of distribution for their goods.

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