compare and contrast small scale and large scale intustries
Answers
Small scale industry is an industrial undertaking in which there is a definite capital investment in its plant and machinery. Large scale industry encompasses big industrial units whose investment in their plant and machinery is beyond the limit specified by the Government.
Industry type Labour-intensive industry Capital intensive industry
Geographical area covered Small Large
Skills required It requires semi-skilled labours. It requires highly skilled labours.
Technology used Indigenous technology State-of-the-art technology
Raw materials Procured from the local suppliers Procured from various suppliers of raw materials are there from within and outside the
Explanation:
Small scale industries :Small-scale industries employ fewer employees, and most work is performed by workersMachines do most work in large-scale industriesExamples: cycles, handicraft
Large scale industries: Machines do most work in large-scale industriesExamples: Cotton, iron