3. What do you understand by basic industries?
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Basic industries are the industries that supply their products as raw material to other industries to produce the goods. They are also called as key industries. ... An example of basic industries is the iron and steel industries. It provides steel as raw materials to the automobile industries.
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Basic industries are the industries that supply their products as raw material to other industries to produce the goods. They are also called as key industries. ... An example of basic industries is the iron and steel industries. It provides steel as raw materials to the automobile industries.
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