differentiate basic good industries and differentiate basic good industries and consumer good
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the basic goods industries are machinery, manufacturing plants and materials , and any other good or component used by other industries or films. they are different from consumer goods industries by consumer goods are ready for the consumption and satisfaction of human wants , such as clothing or food
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Those industries which produce materials to be used as raw material in other industries are known as basic industries. Example: iron and steel industry. Consumer goods industries are those industries which manufacture goods for directly used by consumers. Example: edible oil, biscuits etc.
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