6. Why are large-scale industries encouraged even though they are very expensive to set up?
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Due to the large scale of operations, they have the potential to lower the cost of goods. Further, they create opportunities for small-scale and cottage industries to evolve and flourish.
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Answer:
Due to the large scale of operations, they have the potential to lower the cost of goods. Further, they create opportunities for small-scale and cottage industries to evolve and flourish. Also, the employment opportunities created by large scale industries are huge.
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