Define Basic industries with suitable example
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A basic industry produces goods that act as raw material for other industries and are not directly consumed or used by people. For example, iron and steel industry is a basic industry that produces iron or steel which is used by other industries to manufacture machines and other equipments.
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A basic industry produces goods that act as raw material for other industries and are not directly consumed or used by people. For example, iron and steel industry is a basic industry that produces iron or steel which is used by other industries to manufacture machines and other equipments.
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