ACCOUNTANCY
Accountancy syllabus (CBSE):
As per 2020-21:
BUSINESS STUDIES chapter 1 notes (2nd part)
Business can be divided into two types industry and commerce. The full classification is given below with the help of a diagram:- 1. Industry: Industry refers to a group of forms which converts raw material into useful products. Industry can be classified into three categories:- •primary industry •secondary industry •tertiary industry • primary industry: primary industry includes all those industries which are connected with the extraction in production from natural resources as well as reproduction and development of living organisms, plants. These industries may further subdivided as follows : 1. Extractive industries: these industries extract or draw out products from natural resources.extractive industries supply some basic raw material that are mostly the products of soil . Products of these industries are usually transformed into many other useful goods by manufacturing industries example mining etc 2 . Genetic industries: the industry's...
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