difference between small scale anad large scale industry
Answers
Answer:
Small Scale Industry
(i) These industries employ less number of persons and capital.
(ii) Most of the work is done by manpower, small machines and tools.
iii) Raw materials used are less and the production is consequently less.
(iv) They are scattered in rural and urban areas and are in the private sector, e.g., cycle, T.V., radio.
Large Scale Industry
(i) These industries employ a larger number of persons and capital.
(ii) The work is done mostly by larger machines and laborers.
(iii) Raw materials and used is large and there is mass production.
(iv) They are located in urban centres and are in the public sector or run by big industrialists, e.g., Cotton textiles, Jute textiles.
Answer:
SMALL SCALE INDUSTRY
These are industries with less capital , producing less goods
These are opened for generating employment in small villages and help fellow villagers by providing goods.
LARGE SCALE INDUSTRY
These industries are built on a huge investment by owners and take time to flourish in trade.
These have more capital and production of goods is comparatively higher.
These fulfill needs of people in urban areas and they sell their goods to several retailers to ensure availability in many places