. Classify industries on the basis of source of raw material

Best Answer

Explanation

Industries on the basis of source of raw material are classified into two types

1. Agro based industry: 

The agro based industries acquire their raw materials from the agricultural merchandise like cotton, jute and alternative plant or animal fibers

square measure employed by the textile business so the textile business will be known as as agro based mostly business.

2. Mineral based industry: 

These industries use inorganic minerals like iron, metallic element et al. to manufacture merchandise for instance industry.

Differences

These industries differ from one another on the following grounds:

(a) Agro-based industries: 

• These industries use agricultural goods as their raw materials. Textiles, for example, cotton, jute, silk, and woollen. 
• Rubber, sugar, coffee, iea, and edible oil, among other things

(b) Mineral-based industries 

• They rely on minerals for their raw materials. 
• Iron and steel, cement, machine tools, petrochemicals, and so on are examples.

Final Answer

Industries on the basis of source of raw material are classified into Agro-based and Mineral-based industries.