Classic the industries bassed on size explain any one
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Size
It refers to volume of production, number of people employed and the amount of capital invested. Industries can be divided into two types on the basis of size. They are:
a. Small scale industries - In cottage or household industries the artisans make the products by hand. Compared to large scale industries they use less amount of capital and technology. For example, basket weaving and pottery.
b. Large scale industries - Investment of capital is higher and superior technology is used in large scale industries. For example, automobiles and heavy machinery.
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