Question

difference between small and large scale industries

Answer 1

Answer

- small scale industries have less capital and investment while large scale industries have huge capital and investment.

- small scale industries dont have big machines because they have low investment while large scale industries have big and huge machines.

- small scale industries employ less labourers and most work is done by manpower while in large scale industries most work is done by machines.

- small scale industries eg are cycles, handicraft, etc.

large scale industries eg are cotton, iron, etc.

Hope it helps you

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Answer 2

Difference between Small and Large scale Industries

Explanation:

The Most Significant Differences Between Small and Large-Scale Industries

On the following reasons, the distinction between small and big scale industries can be clearly shown:

• Small Scale Industries are businesses that engage in the production, processing, or conversion of commodities and invest up to a certain amount in fixed assets, such as equipment and machinery. Big-scale industries, on the other hand, refer to businesses that are set up to produce large quantities of consumer and capital products and that have made significant investments in plant and machinery.

• When it comes to geographic location, small scale companies are typically created in a confined area where raw materials and labour supply are readily available. Big-scale industries, on the other hand, are spread out across a large region, and they are spread out across the country.

• Workers in small-scale industries must be skilled or semi-skilled. Skilled workers, on the other hand, are necessary in large-scale enterprises, and workers are given thorough training in how to operate machines.

• Small-scale industries are labor-intensive since they rely heavily on the labour force, but they also require capital to operate and expand. Large Scale Industries, on the other hand, are capital intensive since they require a significant amount of capital to set up and operate.

• Small-scale industries strive to create jobs while requiring less capital. Large-scale industries, on the other hand, aim to create consumer and capital goods within the country in order to make it self-sufficient.

• Small-scale businesses manufacture their goods using indigenous (native) technology. Large-scale industries, on the other hand, use advanced technology to develop products in order to save costs and increase profits.

• examples for small scale Industries are: cycles, handicraft and examples for large scale industries are: Cotton, iron

hence, this is the difference between small and large scale industries