Economy, asked by GoyamJain1687, 1 year ago

Difference between medium industries and heavy industries

Answers

Answered by shubhamyadav72
33

The difference between light and heavy industries

Light (consumer) industries

Characteristics :

Make small products, mainly to be bought by individuals.

Most are small-scale, suitable for factory units on industrial estates.

Only a limited amounts of investment capital is needed.

Examples: electrical goods, clothing, food-processing and toys.

Heavy industries

Characteristics :

Large-scale industries.

Big plants covering large areas of land.

Capital intensive, big investment needed to set them up.

Make large products often bought by other manufacturing companies.

Examples: steel, oil-refining, chemicals, engineering and ship building.

Answered by Anonymous
14

Answer:

Basic industry is an important industry on which other industries depend for their machinery and other products.

Consumer industry process the basic raw materials and its finished products are dirctly used by consumers.

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