Industrial

• Food is the most significant contribution of agriculture to the economy.
• Industrial sector is the dimension of the economy that turns out products for intermediate or final consumption.
• Consumer goods and capital goods are the forms of industrial products.
• the industrial sector is the second biggest contributor to the country's gross national product and gross domestic products
• The important components of the philippine industrial sector are Manufacturing, construction, Mining and quarrying, electricity, gas, and water
• Manufacturing is the chemical transformation of organic or inorganic matters into finished products.
• in 2011, manufacturing provided jobs to more than 3 million people
• from 2006 to 2011, Manufacturing's total production averaged close to 1.75 trillion pesos
• Manufacturing is also a major employer in the economy
• Construction builds infrastructure like roads, bridges and buildings which generate all facilitate investments
• construction is the second biggest employer, providing jobs to more than 2.1 million people in 2011.
• gross value is the total worth of the goods and services produced by the sector in the economy during a given period.
• Gross value added is the difference between the gross output and intermediate inputs.
• intermediate inputs refer to the value of goods and services used in production process
• Mining and quarrying refers to the extraction of metallic and nonmetallic minerals on and beneath the surface of the earth.
• these minerals are principal raw materials for manufacturing and construction
• Electricity, Gas, and water are the basic public utilities
• as of 2011, there were about 148,000 laborers working in the electricity, gas and water utilities industry
• The Philippines does not import all its energy requirements. It as indigenous sources of energy.
• Hydro and Geothermal are its major conventional energy sources
• also, it has oil wells like Nido, Matinloc, North Mantiloc, West Linapacan, Malampaya, and Galoc
• Its major Gas deposits are San antonio and malampaya