Question

Advantages of large scale industries

Answer 1

Answer:

Advantage of Large-Scale Production:

The following are its chief advantages:

(i) Economy of Specialized and Up-to-date Machinery:

(ii) Economy of Labour:

(iii) Economies of Bulk buying and selling:

(iv) Economies of Overhead Charges:

(v) Economy in Rent:

(vi) Experiments and Research:

Answer 2

Answer:

Hope it Helps !!!

Explanation:

Advantage of Large-Scale Production:

The following are its chief advantages:

(i) Economy of Specialized and Up-to-date Machinery.

(ii) Economy of Labour.

(iii) Economies of Bulk buying and selling.

(iv) Economies of Overhead Charges.

(v) Economy in Rent.

(vi) Experiments and Research.