Basic industries are crucial for a country’s economy. They do not require specific expertise. Anyone can take up basic industry jobs without being trained in a particular field beforehand. Read on to know is basic industries a good career path.
What is Basic Industry?
Are you wondering is basic industries a good career path? Basic industries produce essential commodities for the economy and are often referred to as “infrastructure industries,” as they provide the infrastructure on which all other businesses depend, from agriculture to finance.
There are eight basic industries: Agriculture, Food, Mining, Textiles, Power, Natural Gas, and Petroleum. These industries can be divided into two types – primary and secondary.
Primary industries get their raw natural materials, such as agriculture, mining, and logging. Secondary industries get their raw materials from other sectors, such as manufacturing, retailing, and telecommunications.
The Role of Basic Industries in the Economy
How effective are basic industries on the economy? Is basic industries a good career path?
Basic industries play an essential role in the economy as they are responsible for a large portion of the gross domestic product (GDP).
The agriculture, food, and mining industries account for nearly half of the world’s GDP. They produce basic commodities such as food items, minerals, and raw materials used in manufacturing other products. The textile and apparel industries account for another third of the world’s GDP.
Electricity is produced by the power sector, which is necessary for business and industrial expansion. In addition to producing fertilizer and chemical feedstock, the natural gas and petroleum industries provide energy and raw materials for the chemical industry.
Is Basic Industries A Good Career Path?
So, is basic industries a good career path? It is! We have listed the most popular jobs in basic industries below:
When considering “is basic industries a good career path,” the agriculture industry immediately comes to mind.
In a few developed and developing nations, agriculture is a significant business that employs many people in numerous jobs. As a result of the large number of people it employs, it also serves as the leading supplier of multiple essential goods, including clothing and food.
In addition to agriculture, this industry is the source of import and export activities for many countries.
The following are occupations in the Agricultural industry:
- Agricultural engineer.
- Agricultural economist.
- Farm manager.
- Soil and plant scientist.
- Conservation planner.
2. Oil and Gas industry
Oil and gas have been a cornerstone of the global economy for over a century and remain one of the most important pillars of modern industry. As of 2021, this industry accounted for over $2.1 trillion in revenue, making it one of the most lucrative subsectors of basic industries.
The oil and gas industry is involved with extracting natural oils and gases, such as crude oil and natural gas, from their sources and refining them for commercial use. The global oil and gas industry produces over 84% of the world’s energy supply (2019).
There are three industries in the oil and gas sector: upstream, midstream, and downstream.
- Upstream firms concentrate on the exploration or production of oil and natural gas.
- The midstream companies, on the other hand, focus on storing and transporting it.
- The downstream companies include the ones that cleanse the oil and operate refineries.
The following are occupations in the Oil and Gas industry:
- Energy engineer.
- Engineering geologist.
- Hydrographic surveyor.
3. Chemical industry
Do you consider the chemical industry to be a basic industry? If the answer is yes, could this be a good career path for you? And is basic industries a good career path?
The chemical industry is important in the basic industry. The basic industry is an industry that produces primary goods with very little added value, such as cement and steel.
The chemical industry is part of the chemical and related industries group, which also includes other kinds of manufacturing rather than just chemicals—such as plastics, fibers, non-metal minerals, and chemical substances like fuels, oils, and tar.
These industries are sometimes called secondary or tertiary because they have a smaller role than primary industries (agriculture) or secondary industries (manufacturing). But all of these industries play an important part in the global economy.
The following are occupations in the Chemical industry:
- Academic researcher.
- Analytical chemist.
- Chemical engineer.
- Clinical scientist, biochemistry.
- Forensic scientist.
The mining sector comprises a set of processes for extracting, processing, and managing solid minerals from the earth’s surface. Naturally occurring minerals are extracted and processed, producing commodities such as coal, diamonds, metallic ores, oil, etc.
There are two phases to the mining industry – the first phase is the exploration phase, in which the minerals are located. The second phase involves construction and planning. It is necessary to obtain permits and prepare mine maps.
The following are occupations in the Mining industry:
- General Engineer Mines
- Research Engineer
- Drilling Engineer
- Geotechnical Engineer
- Mining Engineer
5. Paper and Pulp
Pulp and paper manufacturing enterprises convert woody plant material into pulps, papers, and paperboards, a wide range of products.
The paper industry is divided into several smaller sectors, including packaging materials, hygiene products, and toilet paper. On the other hand, pulp is used to manufacture textiles.
The following are occupations in the Paper and Pulp industry:
- The operator of a mill for pulp or paper
6. Metal and steel
Because they are components for many other industrial sectors, metal and steel are significant enterprises in the basic industry. For example, steel and metal production is used as input by construction firms, automotive manufacturers, and machinery builders.
Steel is crucial to the construction and planning businesses, and it is impossible to downplay its importance. Because numerous constructions and real estate projects, such as railroad tracks, beams, pipelines, and bridges, require steel, demand for it never declines.
The following are occupations in the Metal and steel industry:
- Iron worker
- Metal fabricator
- Technicians for tool and die
- Sheet metal worker
- Construction industry
If you think of a kitchen, the first thing that comes to mind is utensils. Utensils are tools that are commonly used in every industry and home. They’re typically made from metal or plastic and include devices like hammers, tongs, knives, and spoons. These tools can also be referred to as implements or instruments.
There are many processes in this industry. Various machines and utensils are used to cut, chop, grind or mix raw materials. These processes help convert the raw materials into a finished product ready for consumption.
They also make it easier to clean the utensils so that there is no waste of time during cleaning after every operation. Cleaning utensils regularly will also prevent them from rusting, which may cause safety hazards during usage.
The following are occupations in the Utensils industry:
- Field installers
- Plant operators
- Utility engineer
- Utility Inspector
Pros and Cons of Working in Basic Industries
If you’re still wondering, is basic industries a good career path? The answer is yes, it is. However, it has its pros and cons, just like every other job sector.
– Pros of Working in Basic Industries
- The most significant advantage of working in basic industries is the wide variety of available jobs. No matter your field of study, you can always find a job in basic industries!
- Another advantage of working in basic industries is choosing jobs best suited to your skills and abilities.
- You can climb the corporate ladder to a senior position.
– Cons of Working in Basic Industries
- Basic industries, unfortunately, don’t pay that well. The pay isn’t great, but it is acceptable for those starting their careers.
- Jobs in basic industries can be very demanding and often require extended work hours.
- Basic industries also don’t offer as many benefits as other industries.
Wrapping Up: Is Basic Industries A Good Career Path?
A nation needs a competent labor force to compete in the global economy. That is why basic industries are so vital. They are closely connected to the structure of a country’s economy.
In conclusion, is basic industries a good career path? Yes, it is! You can get a degree in engineering and then pursue basic industry jobs. You can also go to a community college or trade school for a technical associate degree and then find a job in the basic industries.