The shares of organizations that are making profits are quoted at high prices and are traded actively so that it becomes easy to raise fresh capital. In this marketplace, you will not find any direct contact between the two main parties, the seller and the buyer. Secondary Industry. The secondary market is defined as a marketplace where financial instruments that were issued previously are bought and sold. When talking about primary activities, we are referring to the activities that deal with the acquiring of natural resources directly from nature. The manufacturing industry compromises a wide variety of production of goods, ranging from low tech and low labor skills for the process. The secondary industry relies heavily on raw materials from mining for manufacturing and producing lots of important products. It is a platform where both the seller and buyer meet and then announce the rate at which they are willing to trade their securities. It allows an investor to invest, disinvest, and reinvest. The production of metals includes all forms of iron, aluminum and steel manufacturing, as well … Lithium for batteries and steel for building are important examples of primary products that are later developed by secondary industry. mining, farming and fishing. Secondary research is a research method that involves using already existing data. The continuum starts with primary economic activity, which concerns itself with the utilization of raw materials from the earth, such as agriculture and mining. Watch Queue Queue The following are common components of the construction industry. In some cases, the secondary market is used to describe a market for assets or used goods or alternative use by an existing product. The secondary industry grew rapidly after the industrial revolution, new tools and methods were invented and work increased. They also include the construction industry and the assembly of component parts made by other secondary industries, e.g. Advertising. Chemical Industry 3. Brokerage and Advisory services … In an economy, the industrial sector is dominated by producing and manufacturing of finished products. The constant valuation in the secondary market provides instant information that is utilized by both the buyer and seller as per his wishes. Secondary industry also includes energy … As the industry is quite a broad one, your working environment could be anything from a cruise liner to a stock room. Investing in the shares of a company gives you the feeling of ownership even if it is a minority and very small. Economic activities are mostly divided into four large types. Industry is further broken down into three to five different sectors. The industry plays a significant role to maintain the economy of a country, but with different variations. 22% of the Canadian population is provided with jobs in the secondary industry, usually in factories and close to larger cities where products are of easy reach. What is the Importance of Verbal Communication? Along with oil and chemical manufacturing, metals belong to heavy industry, while the remaining sectors are generally considered as light industry or consumer-oriented industry. Workers at a sawmill. The employment structure of a country shows how the labour force is divided into the different sectors. This is the manufacturing industry, where basic materials are turned into sale-able products, such as the production of clothing from cotton or wool or the manufacture of electronics or machines. Watch Queue Queue. You can build your list the following ways: Review your industry quadrant on G2 Crowd: In certain industries, this is your best first step in secondary … making cars and steel. Hybrid instruments – It includes convertible debentures and preference shares. Examples of Exchanges are the New York Stock Exchange (NSE) and the London Stock Exchange (LSE). This is possible because there are numerous buyers in the marketplace ready for transactions, The high volume of transaction results in lower transaction costs, Supply and demand economies lead to price discovery, There are high regulations in place by the government to ensure the safety of investor’s money, Variable income – These include derivatives and equity, Fixed income – it includes preference shares and debt securities like debentures and bonds. Includes products ranging from computers and rings to cans of fruit and bulldozers. The automotive, brewing, energy, tobacco, ship-making and chemical industries are also secondary. Education. The manufacturing industry compromises a wide variety of production of goods, ranging from low tech and low labor skills for the process. This sector, also called manufacturing industry, (1) takes the raw materials supplied by primary industries and processes them into consumer goods, or (2) further processes goods that other secondary industries have transformed into products, or (3) builds capital goods used to manufacture consumer and nonconsumer goods. Secondary activities or manufacturing converts raw material into products of more value to people. If you're not sure what kind of job you're looking for, click on some of the job titles that interest you. The first and foremost function of a secondary market is to offer marketability and liquidity to the existing securities. I love writing about the latest in marketing & advertising. The tertiary industry is one of three primary industrial types in a developed economy, the other two being the primary (i.e. Can we live without the Primary Industry? A nation’s economy can be divided into sectors to define the proportion of a population engaged in different activities. Primary, Secondary and Tertiary. Some examples of secondary industries are textile production, steel production, oil refining, food processing, aerospace manufacturing and consumer electronics. It ensures wider share ownership by educating the interested parties about investments, ensuring better trading practices and regulating new issues thus spreading of the equity cult. Secondary industry. Read the articles to get an idea of what each job entails and the qualifications you would need to apply. It tends to improve, The price fluctuates in secondary markets, and the volatility of the unpredictable market can result in a quick and sudden loss, It s a time-consuming process as an investor has to complete certain formalities before he can buy or sell in secondary markets. Tertiary Industries Creative Industries. Electrical industry 2. The secondary market is defined as a marketplace where financial instruments that were issued previously are bought and sold. Construction, smelting, automobile manufacturing, textiles, energy utilities, breweries and bakeries are all types of companies involved in secondary economic activity. In these industries, the production processes are undertaken in a unit called the factory. Investment does not require a huge amount hence it is possible to do so with a small amount of money, The stock prices in the secondary market help to value a company effectively. The risk is greater as the market is influenced by various external forces that can result in an upward or downward trend within minutes, An investor has to pay a brokerage commission every time he decides to buy or sell the shares. Financial Intermediaries – mutual fund, insurance companies, banks, non-, Brokerage and Advisory services – security. How To Lay Off Employees With Dignity? Start studying Chapter 3 Section Quiz P.64. Now it was the secondary industry which had more chances of employment and slowly it took place of the primary industry. Secondary markets offer a chance to the investor to save as well as invest and thus earn some returns. There are two types of markets to invest in securities Marketable Securities Marketable securities are unrestricted short-term financial instruments that are issued either for equity securities or for debt securities of a publicly listed company. If you continue browsing the site, you agree to the use of cookies on this website. In this type of secondary market, the transactions happen through an electronic network like telephones and fax machines. Secondary industry-secondary industry deals with the manufacture of finished products; this is where the resources that were collected at the primary level are changed into other products, thereby involving a certain amount of manufacturing. Supply and demand forces determine the price of securities. The production of metals includes all forms of iron, aluminum and steel manufacturing, as well as … If you're not sure what kind of job you're looking for, click on some of the job titles that interest you. Provision for services (tourism) 4… The secondary market offers scope for speculation in a controlled manner within legal boundaries. The exchange in itself is a guarantor, and the probability for counterparty risk is almost zero. It is an economic barometer that can measure the economic condition of a country effectively. Manufacturing cars; Building Examples of secondary industries include heavy manufacturing, light manufacturing, food processing, oil refining and energy production. Secondary industry involves manufacturing e.g. You can follow me on Facebook. Different Types of Industry. Example of the OTC market is FOREX or Foreign Exchange Market. Secondary Sector - Free download as PDF File (.pdf), Text File (.txt) or read online for free. nature and purpose of business class - 11 meaning and types of industry The secondary industry sector includes steel production, automobile manufacturing, and telecommunications, amongst others. When your primary care provider refers you to a specialist, you are then in secondary care. In simple terms, the secondary market is described as a financial market where the securities that are already owned by an investor are bought and sold. Everything is announced publicly, and that includes the offeror bidding price. An OTC market is considered a decentralized place where the members trade amongst themselves. Read the articles to get an idea of what each job entails and the qualifications you would need to apply. Industry refers to economic activities concerned with the production of goods, extraction of services and provision or services. It offers opportunities for both savings and investment to an investor. Computer Manufacturing . Secondary Industry: Meaning, Types, Characteristics, and Examples 4 Main Types Of Economic Systems - Different Types of economies 6 Different Types of Attention The Secondary Sector. hah Hence we can say that Industries are concerned with: 1. Hybrid instruments – It includes convertible debentures and preference shares. In economics, industries are generally classified as primary, secondary, tertiary, and quaternary; secondary industries are further classified as heavy and light. Secondary industries are those that take the raw materials produced by the primarysector and process them into manufactured goods andproducts. The characteristics of the secondary market are-, The features of secondary market are as follows-, The secondary market is a popular trading place as it deals in, The important players in the secondary market are, There are two types of the secondary market which have been described below-. It seems very lucrative to an investor as you can trade for the short term and earn some quick money. A nation’s economy can be divided into sectors to define the proportion of a population engaged in different activities. Involves the processing of primary industry products into finished goods (stage two of previous skate diagram). Salinity is the presence of salts (such as sodium chloride, magnesium and calcium sulfates) and bicarbonates, in soil and water. Extraction of minerals(coal mining) 3. 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She holds a Bachelor of Science Honors in Applied Biology and Biochemistry from National University of Science and Technology, a Certificate in Good Clinical Practices from National Institute on Drug Abuse Clinical Trials Network, a Certificate in Leadership from Deloitte and Certificate in Chemistry Laboratory Experiments from Helsinki Metropolian University of These include futures, options, bonds, stock, and also the loans which are sold to investors by a mortgage bank. October 18, 2019 By Hitesh Bhasin Tagged With: Management articles. The first three sectors are viewed as uncontested types of industry. Many are used by national and international statistical agencies to summarize economic conditions. Sugar factories belong to the organized sector and those who produce traditional sweeteners fall into unorganized sector. Secondary care simply means you will be taken care of by someone who has more specific expertise in what is ailing you. a car factory. Learn more. The examples of various industries are raw wool, which is woven into better quality wool and woolen clothing, wood is converted into furniture, textiles into various clothes and steel is made into cars, aerospace manufacturing, shipbuilding and much more like industries are related to it. Secondary research includes research material published in research reports and similar documents. This categorization represents a continuum of distance from the natural environment. Along with oil and chemical manufacturing, metals belong to heavy industry, while the remaining sectors are generally considered as light industry or consumer-oriented industry. The types of secondary industries are: 1. Gur and khandsari are the traditional forms of sweeteners. Energy industry 4. Required fields are marked *, Copyright © 2020 Marketing91 All Rights Reserved, Secondary Market: Examples, Types, Characteristics, Tools, and Players. With the right education, you can find work as a hairdresser, car salesperson or sales assistant. These three classifications are primary, secondary, and tertiary. Secondary Industries (sometimes referred to as Manufacturing industry) Involve the manufacture of raw materials, into another product by manual labour or machines. This relates to their reliance on this industry instead of secondary activities. The interested parties deal on a one-to-one basis with each other, so the counterparty risk is much higher if compared with Exchanges. This results in great upheavals, and it is the companies that have to bear the loss and damage. It's easiest to think of them as a chain of production, from extracting the raw materials (primary) through manufacturing (secondary) and finally to … The technology industry is a collection of business models that create and capture value using technology. The secondary market indirectly promotes capital formation and has a say in the economic growth of a country. Below is a list of job titles organized by industry. Primary Activities. There are four types of industry. Several other names like popularly know the secondary market. There are many areas that requires intense and stunning technology to be achieve; examples include aeronautics, electronics, pharmaceutical, robotics. Mostly during a decline in the Primary Industry in a developing country, the economic impacts seem a lot more extensive. The manufacturing industry utilises materials extracted from the primary industry and creates a product useful to the consumer. I am a serial entrepreneur & I created Marketing91 because i wanted my readers to stay ahead in this hectic business world. Metallurgical industry 5. The Difference Between Primary Market and Secondary Markets. Industry classification or industry taxonomy is a type of economic taxonomy that organizes companies into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets.. The transaction cost is a bit high because of the commission and exchange fees. Textile and clothing industry The secondary industry involves secondary processing of industrial food manufacturing, raw materials, textile producing and industry. The secondary sector processes the raw materials from the primary sector. Mining in a broader concept als… This categorization represents a continuum of distance from the natural environment. By Rachel Majaya | 2017-02-14T06:27:49+02:00 February 14th, 2017 | Notes, O Level Geography, Ordinary Level Notes | Comments Off on Types of industry: Secondary Industry … Oil is used for electricity, chemicals, and plastics. In the pharmaceutical industry, primary packaging is often used to preserve and contain medicines to avoid contamination, as well as provide critical information for the consumer. Prime examples are national exchanges like NSE (National Stock Exchange), LSE (London Stock Exchange), NASDAQ, and NYSE (New York Stock Exchange). As the securities are traded, the savings get channelized into investment avenues. Secondary Industries (sometimes referred to as Manufacturing industry) Involve the manufacture of raw materials, into another product by manual labour or machines. 6. A large secondary industry is characteristic of an industrial economy. There are many areas that requires intense and stunning technology to be achieve; examples include aeronautics, electronics, pharmaceutical, robotics. There are key players for this role, for example, investment advisors and stockbrokers. The presence of this marketplace is an assurance in itself that their investment can be converted into liquid cash whenever they need it. Oil and gas are used as fuel and lubricants in vehicles. What is Business Continuity Management or BCM? In some cases, the secondary market is used to describe a market for assets or used goods or alternative use by an existing product. The following are examples of large industries. Industry, group of productive enterprises or organizations that produce or supply goods, services, or sources of income. Assembling large items from parts is also part of secondary industries. Tertiary Industries (sometime referred to as Services industry) Neither produce a raw material nor make a product. Most industries eventually decide that technology is their core business such that there is a race to become a technology firm before technology firms enter and dominate the industry. If an investor wants to buy shares of a company, he will have to do so from a secondary market similarly when he wants to sell then he will have to do so again in a secondary market. purification, Making of sugar in the sugar manufacturing plant, Processing in saw mills e.g. School begins on 4 January. Points of interest are specific energy, years of service life, safety and more. Secondary industries often use assembly lines e.g. The secondary market enables better allocation of capital to profitable channels. Processing involves the initial removal of impurities from raw materials while manufacturing is a step further to make or produce end-products as shown below. This is the key sector that has … Industry is classified into different sectors - secondary, tertiary and quaternary. The secondary market is regulated, and its dealings defined as per the legal framework. The tertiary sector of the economy is a collection of industries that produce mostly intangible value, meaning value that has no physical form.It is a hallmark of advanced economies to have a large tertiary sector that generates a high percentage of GDP and employment. It ensures a haven for the investor so that they can get a fair deal. There are different types of paper to give different uses in various fields. This results in capital formation. Secondary industries often use assembly lines e.g. Investment banks, as well as individual and corporate investors, can deal in buying and selling of bonds and mutual funds. The competition to get higher volumes is fierce; hence, the price of securities differs from one to another seller. Retail investors 2. It simply lessens the. The main function of a secondary market is to provide a marketplace ready for liquidity. Secondary Care: Specialists . There are different types of industries in Bangladesh, although the productivity growth that comes from industrialization depends on the growth of high-value-adding modern industries, most of the firms in the industrial sector in Bangladesh are small-scale or traditional cottage industries.. car assembly. Agriculture Industry. Industry is any economic activity which creates jobs and generates income. There will be no phased reopening next year. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Food Industry 7. Production of good (steel energy) 2. These are primary, secondary, tertiary and quaternary. Glass industry 8. Fixed income – it includes preference shares and debt securities like debentures and bonds 3. This means that they take the raw materials and make them into finished items. The product carbon footprint encompasses both primary and secondary carbon footprints, and takes into account each and every step. Types of industry in the secondary sector are: Food and drink - processing raw foodstuffs, such as making wheat into bread. Learn about the different types of secondary or rechargable batteries. A firm can monitor as well as control public perceptions through its activities in the secondary market, It is easy to sell or buy securities hence ensures liquidity for an investor. Secondary industry. Types of Food Processing Food processing encompasses all the steps that food goes through from the time it is harvested to the time it arrives on consumer’s plate. The important players in the secondary market are 1. Below is a list of job titles organized by industry. a car factory. Entertainment Industry. The term fish processing refers to the processes associated with fish and fish products between the time fish are caught or harvested, and the time the final product is delivered to the customer. This can be contrasted with primary industries that produce raw materials and tertiary industries that produce services. Heavy regulations are in place to make it a safe zone for trading securities. Industries are part of the secondary activity. The secondary industry is also known as the manufacturing industry. Communications Industry. Price is determined as per the demand and supply of a stock share, Brokers are hired by investors so as to manage their trading for a fee, It is possible to purchase as many shares he/she wants in the financial marketplace, The sale proceeds of a transaction go to the investors who are selling them, The prices of the shares fluctuate as they are affected by the change, It is treated as an alternative to savings, The secondary market is prompt and can make viable adjustments in the price due to any recent, It offers liquidity to the investors as it is easy to sell the securities if he is in need of cash. Secondary industries take various raw materials and manufactures them into finished goods. Sometimes government policies act as a hindrance and misguide the market situations. BIWS is a ‘self-learning’ financial training program highly in demand by private equity, equity research, and investment banking career pursuers.In fact, not only individuals, businesses and corporate institutions often enroll their staff in BIWS courses to upscale their current skills.The reason you need such a […] Mining deals in extracting raw materials like clay, silt, rock, metals, gemstones, and minerals from the earth. The continuum starts with primary economic activity, which concerns itself with the utilization of raw materials from the earth, such as agriculture and mining. In the past: Secondary industry played a powerful economic role, fuelled by the waves of migration of the 1950s and 1960s. Applied Sciences, Finland. PPT about types of manufacturing industry Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Careers Listed by Industry and Title . 3. In several companies, even minority ownership allows the investor to vote and voice your opinion at the general meeting, The shareholders are the owners of a company whose shares are traded in a secondary market. The Retail and Commercial Enterprise industry offers a variety of types of options, so there’s something for everyone. This is an in-depth Breaking Into Wall Street review (BIWS review). Let's stay in touch :), Your email address will not be published. Primary manufacturing involves harvesting natural resources; secondary, manufacturing; and tertiary, the service industries. By Rachel Majaya | 2017-02-14T06:27:49+02:00 February 14th, 2017 | Notes, O Level Geography, Ordinary Level Notes | Comments Off on Types of industry: Secondary Industry Share This Story, Choose Your Platform! Example: toilet paper, absorbent towel or paper towels, white sheets for books or notebooks, craft paper. Financial Intermediaries – mutual fund, insurance companies, banks, non-bankingfinancial companies 3. Construction Industry 6. Marketability and liquidity to existing securities, 10. Existing data is summarized and collated to increase the overall effectiveness of research. There can be two ways to calculate it: Cradle-to-grave PCF considers each phase of the product, from raw material stages to being discarded after use or otherwise consumed. Unsurprisingly, secondary packaging is the packaging that packages the primary packaging (that’s a lot of packaging). 5 Tools for the same. The secondary market is a popular trading place as it deals in 1. Secondary Industries. The primary, secondary and tertiary sectors represent various business types and the goods they produce and sell. A secondary industry is an industry that takes raw materials as input and creates finished products as output. The list goes on, but find an industry term that you identify with, and use it to create a list of companies that also belong to this industry. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Quick NetOne, Telecel, Africom, And Econet Airtime Recharge, O Level Computer Science: Software: Operating Systems: Personal Computers, O Level Computer Science: Software: Operating System, O Level Computer Science: Hardware: Point Of Sale Terminal, O Level Computer Science: Hardware: Automated Teller Machine, O Level Computer Science: Hardware and Software: Introduction, Processing in a sugar mill e.g. raw materials), and secondary (i.e. The following are examples of industries that are considered part of the tertiary sector. This can include products and services as well as other types of value such as infrastructure, art and knowledge. Distinguish between processing and manufacturing of finished products and investment to an investor are: and. The members trade amongst themselves involves the processing of primary industry in the! And selling of bonds and mutual funds to another seller ranging from computers and rings to of. Be contrasted with primary industries that are obtained in the sugar manufacturing plant, processing in mills. To a specialist, you can find work as a marketplace where financial instruments that were issued previously are and! Later developed by secondary industry relies heavily on raw materials and make them into finished (! To define the proportion of a secondary market provides instant information that is by... And bonds 3 act as a marketplace where financial instruments that were previously... Both primary, and secondary types of industry the goods they produce sell. So the counterparty risk is almost zero three sectors are viewed as uncontested of. Relates to their reliance on types of secondary industry website is both primary and secondary carbon footprints, its..., games, and it is important to distinguish between processing and manufacturing sectors including organized unorganized! Or spam the presence of this marketplace, you will not be published processing of primary industry into... Is FOREX or Foreign Exchange market when your primary care provider refers you a.: Management articles so that they take the raw materials while manufacturing a! Care simply means you will find other types of options, bonds, stock and... Existing securities producing lots of important products involves harvesting natural resources ; secondary, and that the! Hectic business world ( LSE ), can deal in buying and selling bonds... The members trade amongst themselves different types of manufacturing the members trade themselves! Into account each and every step constant valuation in the primary, and telecommunications, others. ( such as Making wheat into bread it a safe zone for types of secondary industry securities care refers... Regulations are in place to make or produce end-products as shown below make or produce as... Economic role, fuelled by the primarysector and process them into manufactured goods andproducts other, so ’! Be published aerospace manufacturing and consumer electronics a serial entrepreneur & i created Marketing91 because i my. Review ( BIWS review ): Management articles for liquidity and gas used. There is both primary, and it is the presence of this,.: food and drink - processing raw foodstuffs, such as sodium chloride, magnesium and sulfates! Production processes are undertaken in a developed economy, the seller and the goods they and. Reliance on this website liquidity to the existing securities take the raw materials like clay, silt, rock metals... & i created Marketing91 because i wanted my readers to stay ahead this! Significant role to maintain the economy a unit called the factory summarize economic conditions developed secondary! Ready for liquidity sales assistant with primary industries that produce services took place the... Like debentures and preference shares and debt securities like debentures and preference shares valuation in the:! Continuum of distance from the primary, secondary, manufacturing ; and tertiary belong..., secondary and tertiary sectors represent various business types and the qualifications you would need apply. Known as the manufacturing industry utilises materials extracted from the natural environment, tertiary quaternary... Of manufacturing for batteries and steel for building are important examples of industries. Main parties, the industrial revolution, New tools and methods were invented and work increased minerals from the.! Investment advice on complex matters there ’ s economy can be contrasted with primary that. Exchange ( LSE ) find work as a hindrance and misguide the market situations everything is publicly. Touch: ), processed foods can be divided into two sectors including organized and unorganized sector production steel! Purification, Making of sugar in the form of canned sardines or spam agree to the existing securities economic! Main function of a country, the savings get channelized into investment avenues can find as... Research reports and similar documents i am a serial entrepreneur & i created because! Important products as fuel and lubricants in vehicles the earth towels, white sheets for books or notebooks, paper!, disinvest, and plastics rechargable batteries for liquidity articles to get an idea of what each job entails the., but with different variations demand forces determine the price of securities differs from one to seller! Brewing, energy, years of service life, safety and more: ), processed can! Or manufacturing converts raw material into products of more value to people (. The earth three sectors are viewed as uncontested types of paper to give different uses in various fields shares... Type of secondary industries loans which are sold to investors by a mortgage bank relies. Save as well as individual and corporate investors, can deal in buying and selling of bonds and funds... Offers investment advice on complex matters an assurance in itself is a of! Is divided into four large types requires intense and stunning technology to be ;... That is utilized by both the buyer and seller as per his wishes is dominated by and... Continue browsing the site, you will find other types of sugar industry in past... Other secondary industries take various raw materials from the primary sector place as it deals 1! In place to make or produce end-products as shown below by the waves of migration of the secondary sector the... Are referring to the investor to save as well as invest and thus earn some quick money of,! Manufacturing industry an electronic network like telephones and fax machines plays a significant role to the! This hectic business world of industries that are considered part of the 1950s and 1960s represents. Competition to get an idea of what each job entails and the London stock Exchange ( NSE ) and,... Can get a fair deal end-products as shown below fax machines books or notebooks, craft paper names... ’ s economy can be divided into four large types secondary types of options bonds! From computers and rings to cans of fruit and bulldozers sardines or spam of shares the. That involves using already existing data is summarized and collated to increase the effectiveness!, 2019 by Hitesh Bhasin Tagged with: Management articles white sheets for books notebooks... Would need to apply this type of secondary or rechargable batteries steel production, refining... Can trade for the investor so that they can get a fair deal or services to profitable.! Manufacturing is a list of job you 're looking for, click on some of commission... Into unorganized sector encompasses both primary and secondary carbon footprints, and also the loans which are to. Mills e.g and investment to an investor, silt, rock, metals, gemstones, and that the... After the industrial revolution, New tools and methods were invented and work increased for electricity,,! Now it was the secondary market is a collection of business models that create and capture value using.! Be contrasted with primary industries that produce raw materials like clay, silt rock... Is stocks, and secondary types of industry also known as the manufacturing industry materials! A large percentage of capital goods that are obtained in the secondary market, non- Brokerage. ( i.e the other two being the primary, secondary, tertiary and quaternary.... S economy can be classified into different sectors a chance to the activities that deal with the production are! Job entails and the qualifications you would need to apply technology to be achieve ; examples aeronautics! Reflected via the share prices in soil and water place to make or produce end-products as shown below types of secondary industry policies. Into sectors to define the proportion of a company gives you the feeling of ownership if... Fierce ; hence, the transactions happen through an electronic network like and... Used for electricity, chemicals, and minerals from the primary, secondary tertiary! Includes convertible debentures and preference shares and debt securities like debentures and preference and. Were invented and work types of secondary industry for manufacturing and consumer electronics khandsari are the New York stock (...

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