Basic industries consist of small and large businesses that sell primarily to external customers. Non-basic industries consist of primarily small businesses that sell to local customers, including basic and non-basic businesses.

What is a basic industry?

Basic or key industries are those which supply their products or raw materials to manufacture other goods e.g. iron and steel, copper smelting and aluminum smelting.

What is a basic and non-basic job?

Non-basic employment are essentially jobs that service the local community. ... Basic employment on the other hand, are jobs that produce more goods and services than can be consumed by the local community and are therefore consumed from outside the community.