5 points on difference between agro based and mineral based industries
Answers
1. Plant and animal based products are used as raw materials in Agro based industries. While mineral based industries use mineral ores.
2. Agro based industries process food. A mineral based industry makes iron which is used to manufacture heavy machinery, building materials and railway coaches.
3. Agro industries produce vegetable oil, cotton textile, dairy products and leather products. Mineral based industries make raw material which is used by other industries, for eg. they make iron from iron ore.
4. Agro industries can be at a small scale or a large scale. Mineral based industries are generally large scale industries.
5. Agro industries can be found in the private as well as public sector. Mineral based industries are mostly in the public sector.
Agro based industries mean using agricultural products which include the items produced in farms for example; potatoes, fruits, vegetables or animal products.
Whereas mineral based industries consist of raw materials which come from mines for example; Aluminum and Copper. The 5 differences between these industries are the following:
1. Agro based industries is a source of employment for the people residing in rural areas and Mineral based industries are a source of employment for both rural as well as urban areas.
2. Large investment is involved in Mineral based industries because of the set-up of large factories and they are done on large scale, whereas in agro-based industries there is low investment cost because it can also be done on small scale.
3. The nature of the products made in an agro-based industry is very different to those of made in mineral based industry. Dairy products and animal products are made in agro-based industry and in mineral based industry metals, iron and machines are made.
4. Agro based industry uses plants and animal-based products as its raw materials whereas mineral- based economy uses minerals which are obtained from mining.
5. The products produced in agro-based industries are ready to use whereas products made in mineral based industries are used to feed other industries.