Distinguish between large scale and small scale industries. Give two examples each
Distinguish between large scale and small scale industries. Give two examples each.
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Large Scale Industries:
(i) Manufacture large quantities of finished goods.
(ii) The quantity of raw material and capital investment is large.
(iii) Example: Iron and steel industry, cotton textile industry.
Small Scale Industries:
(i) Manufacture small goods.
(ii) No huge quantity of raw material as capital is required.
(iii) Example: Garment industry, soap making industry.
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