What is an example of an industry?

Industries are usually categorized by the goods and services they produce. For example, the pizza industry is made up of all producers who produce and sell pizza in the market. It is important to note that for a pizza maker to belong to the pizza industry, he or she must sell the product they make in the market.

What are the different types of industries?

They would also use factor inputs from the general economy – pizza makers from the labor market – to create the finished product, pizza. Industries are organized under different categories. The categories are grouped as to whether they are heavy or light, domestic or foreign, durable or non-durable, or manufacturing or construction industries.

What are examples of manufacturing industries?

This can be compared to primary industries that produce raw materials and service industries that produce intangible value. The following are common examples of manufacturing industries. Transportation equipment and vehicles. This includes light industry such as automobile manufacturing and heavy industry such as aerospace and shipbuilding.