Question

compare and contrast small scale and large scale industries
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Answer 1

Answer:

Your Answer:-

Explanation:

(a) Small scale production is production with small capital outlay and therefore at a low level of output. On the other hand large scale production is production with a large scale outlay and therefore results in high level of output.

Small Scale Industries are labour intensive, as their dependency on the labour force is high, but they also require capital for its operation and expansion. On the contrary, Large Scale Industries are capital intensive, as they require huge capital investment to establish and operate it.

Small scale industries use lesser amount of capital and technology as compared to large scale industries that produce large volumes of products. Investment of capital is higher and the technology used is superior in large scale industries. Silk weaving and food processing industries are small scale industries.

Answer 2

Small scale industries

There are less capital and investment in small-scale industries

Since they have low investment, small-scale industries do not have big machines

Small-scale industries employ fewer employees, and most work is performed by workers

Large scale industries

Large-scale industries have tremendous capital and investment

Large-scale industries have large and enormous machines

Machines do most work in large-scale industries