Question

differentiate between small scale and large scale industries​

Answer 1

Large-scale industries

1. 1. These industries require huge infrastructure and large number of workers.
2. They produce machinery and goods on a large scale like the iron and steel industry, ship building industry, etc.

Small-scale industries

1. 1. These industries are small industries managed mostly by private individuals.
2. 2. They do not require huge capital investment and employ only a few workers like the weaving industry, food processing industry, etc.

Answer 2

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Explanation:

$\bold{\underline{Large\: scale\: industries}}$

Large scale industries are those industries whose financial asset is more and it requires a huge number of machinery ,costs and investment for setup.

$\bold{\underline{small\: scale\: industries}}$

Small scale industries are those industries whose capacity is small and have a less amount of investment for setup.

Some points for difference between large scale industries and small scale industries:-

Large scale industries

cost: Requires huge maintenance cost as it requires better infrastructure.

Capital : Requires high capital investment for setup.

Production: it produces goods in large number as it having better machinery tools and a huge manpower.

Employees: Having many number of employees working in large scale industries according to their efficiency and working.

Selling : The products are sold in the market as well as to the national and international level through foreign exchange.

Expansion: Have further growth expansion in future.

Example of goods produced:Iron and steel industry ,petro chemical industry etc .

Small scale industries

Cost: It Requires less maintenance cost as it is done on small basis.

Capital : Less capital investment is required

Production: It produces goods in small quantity which could be produce only for selling out as soon as possible day and sold out in the market very fastly.

Employees: It doesn't requires any employees it have workers who work together different task as here no skill required for goods production.Generally goods are produced is handmade or handicrafts.

Selling: The goods are sold at only market level.

Expansion: No more future planning for growth expansion as it is done on small basis.

example of goods produced in this industry: Handicrafts, paper goods,toys,pottery items ,utensils etc