Question

3) Iron and Steel industry is considered a basic industry. गिवे रीजनस​

Answer 1

Answer: Iron and steel industry is called the basic industry due to following reasons: All industries whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other industries. Steel is required for manufacturing variety of engineering, construction and defence goods.

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Answer 2

Iron and steel industry is considered a basic industry.

The reason why the iron and steel industry is called basic industry are as follows:

1.) Iron and steel industries are served as the source of raw material and almost all the large, medium, and small enterprises are dependent on iron and steel industries.

2.) It provides employment to a large amount of labor.

3.) All the heavy machinery and engineering tools are made up of iron and steel, it provides a base to all other industries. The whole manufacturing sector will shut down if there is no iron and steel.

4.) All the daily used consumer goods are somehow made up of steel like safety pins, containers, utensils, railway tracks, etc.