Differentiate between Basic Industry and Consumer Goods industry
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Answer:
Those industries which produce materials to be used as raw material in other industries are known as basic industries. ... Consumer goods industries are those industries which manufacture goods for directly used by consumers.
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Explanation:
Industrial goods are bought and used for industrial and business use. Consumer goods are ready for the consumption and satisfaction of human wants. While industrial goods are made up of machinery, plants, and raw materials, consumer goods are commodities purchased by a buyer like clothing, food, and drinks.
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