Industry Definition – Types, Terms, Functions, Objectives and Examples
Industry Definition – Types, Terms, Functions, Objectives and Examples

Industry Definition – Types, Terms, Functions, Objectives and Examples

Industry definition

Paper articles discuss about Industry definition generally types, purposes, benefits, terms, functions, examples and images so that they are easy to understand,

What is industry This is a form of increased economic activity in the processing of raw materials and can be used as industrial resources that can produce goods and services for common purposes.

For more details, see the discussion below:

Industry definition

Industry is one of the activities of processing raw materials or semi-finished products so that this right has a high selling value to be transformed into valuable goods.

The understanding of the industry is also one of the business or activities of processing raw materials and semi-finished products so that those who have a high sales value get profit.

So industrial companies can also carry out commercial activities in the territory of Indonesia that will produce products that have characteristics in the development and growth of the company.

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Conditions Conditions for the development of the industry

From the brief review above, we will also provide some requirements for building a good industry,

Here are some of the requirements to build an industry are:

  • You have enough capital
  • Abundant availability of raw and semi-finished materials
  • Availability of skilled workers and skilled workers
  • There is a market demand
  • Good workmanship and marketing
  • Smooth and accurate shipping
  • Support for the political situation and guaranteed security

Examples of emerging industries in Indonesia

After knowing the terms and conditions in building an industry, we will also provide some examples of emerging industries.

The following are examples of growing industries:

A. Transportation services industry

The transportation industry is an example of an industry that is rapidly growing in providing transportation travel services to the community to create their goals.

E.g:

Such as train transport services, online mototaxi, buses, online taxis and others.

B. Mabel Industry

The furniture industry is an example of an industry that can process semi-finished products or raw materials, such as wood, that will be transformed into finished products with high added value.

E.g:

Tables, cabinets, chairs and so on.

C. The fashion industry

The fashion industry is an example of an industry where so many people are involved in it, so this right can develop from time to time.

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Industry type

From some of the reviews above, we will also provide more types of industries based on raw materials.

The following are some of the types of industries:

1. Industry based on products produced

The industries that are produced based on the products are.

Tertiary industry – It is an industry that will produce in the form of goods or objects so that they can be enjoyed or used as a form of service in promoting the needs of the Community.

Industry seconds – It is an industry that has goods that must be processed and promoted before they are consumed or used.

Industry primer – It is an industry that has goods that do not require further processing so that the goods can be enjoyed directly.

2. Industry based on raw materials

Industries that are produced based on raw materials are.

  • The commodity industry is a type of industry whose raw materials are obtained directly from nature.
  • Industries do notextractive is a type of industry that processes products from other industries.
  • Tertiary industry is a type of industry whose industrial activities can sell services for the needs of others.

3. Objectives to build the industry in Indonesia

  • Creating and expanding job opportunities
  • Consolidation of the economic structure
  • Open and expand job and business opportunities
  • Reducing dependence on imported goods
  • Generate stored currency
  • Satisfying people’s needs for materials derived from manufactured products such as food or construction materials.

4. Labor-based industry

Industries that are derived based on labor are.

  • Industry at large it is a type of industry that employs more than 100 people, so it has most of the capital raised in the form of shareholders.
  • Medium industry it is a type of industry that has adequate capital to be able to produce certain skills.
  • Small industry it is a type of small industry that has relatively little capital so that workers can obtain it easily.
  • Home industry it is a type of industry that employs people and has very limited capital, so that this effort can be done at home according to the existing capital.

So friends, we can discuss about the definition of Industry and some of the factors that can develop from various industries, we hope this short article can be helpful and useful to all of us, thank you.

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