TYPES OF INDUSTRIES

The main purpose of industries is the mass production of one same product, reducing costs and increasing the profits.

There are two types: 

BASIC OR HEAVY INDUSTRY

It manufactures products for the industry itself. This industry generates the highest profits and it is almost exclusive of developed countries.

• STEEL INDUSTRY
• PETROCHEMICAL INDUSTRY
• METALLURGICAL INDUSTRY
• ELECTRIC INDUSTRY

TRANSFORMATION OR LIGHT INDUSTRY

It is dedicated to produce goods for direct consumption by the population. The products come out of the factories and are distributed to the immediate consumption centers. The investment of financial capital and technology in this type of industry is less than in the basic industry, just as the use of energy and the workforce.

• FOOD INDUSTRY
• TEXTILE INDUSTRY
• IN-BOND ASSEMBLY INDUSTRY