Economy, asked by ysrinesh, 6 months ago

a what is industrialization?
b) Give two features of small scale industries
co mention two features of Cottage industris
d) state twoch two characteristics of
large scale Industries? or
e) state two differences between cottage
and small scale industries?​

Answers

Answered by nileshdhankani
2

Answer:

a) Industrialization is the process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods. Individual manual labor is often replaced by mechanized mass production, and craftsmen are replaced by assembly lines.

b) Following are the characteristics of some industries which identify them as small-scale industries:

1) Labour intensive: Small-scale industries are fairly labour-intensive. ...

2) Flexibility: ...

c) State the features of cottage industries.

1) They're set up or organised by people with private resources and raw materials.

2) They usually use locally available members to get the work done. ...

d) Large scale industries, usually, produce capital and basic goods (instruments, machines, chemicals, etc.) They are capable of generating funds for the research and development of new technologies. Due to the large scale of operations, they have the potential to lower the cost of goods.

OR

e) (i) The location of cottage industries is restricted in villages whereas the small scale industries are mostly located in urban and semi-urban areas. ... (v) Cottage industries are mostly located in the house of the artisans itself whereas the small scale industrial units are located in the industrial and business complex.

Explanation:

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