TYPES OF INDUSTRIES (Applied Econmics)

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ACTIVITY

GUESS
IT
SBRSIGASENUI
AGRIBUSINESS
TGIEAUAMFNCON
MANUFACTORING
LAETRI NDA ESCVESRI
RETAIL
AND
SERVICES
LNINENITRATOA RDETA
INTERNATIONAL
TRADE
TYPES OF INDUSTRIES
What is Industry
Economic activity
concerned with the
processing of raw
materials and
manufacture of goods in
factories.
AGRIBUSINESS

The business or
industry of farming or
agriculture : farming
thought of as a large
business.
MANUFACTURING

The making of articles on a


large scale using machinery;
industrial production.
4 Types of
Manufacturing
MOLDING MANUFACTURING
If the products you create
start out of liquid, chances
are the manufacturer uses
molding. One popular type of
molding is casting which
involve heating plastic until it
becomes liquid.
MACHINING IN MANUFACTURING
It would be difficult to make
product like metal parts without
use of some type of machine.

Manufacturers use tools like


saws, sheers, and desired result.
JOINING IN MANUFACTURING
You can only get so far
with molds and machines.
At some point you need to
be able to put multiple
parts together to make
one piece.
SHEARING AND FORMING IN
MANUFACTURING
When dealing with sheet metal,
shearing comes into play . Shearing
uses cutting blades to make
straight cuts into a piece of metal .

Example:
Aluminum, Brass, Bronze, and
stainless.
RETAIL AND SERVICES
Retail is the process of selling
consumer goods and services to
consumers through multiple channels
of distribution to earn a profit.

Retailers satisfy demand identified


through a supply chain.
INTERNATIONAL TRADE
International trade is the exchange of
goods and services between countries.

This type of trade gives rise to a world


economy, in which prices, or supply
and demand, affect and are affected by
global events.
This described in terms of

Export
The goods and services sold in
foreign markets.

• Import
The goods or services bought
from foreign producers.

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