E. Distinguish between.
1. Public Sector and Private Sector.
2. Basic Industry and Consumer Industry.
3. Pure Iron and Steel.
F. Write short notes on.
1. Problems of cotton textile industry in India.
2. Chief features of distribution of industries.
Answers
Answer:
The private sector comprises of business which is owned, managed and controlled by individuals. On the contrary, public sector comprises of various business enterprises owned and managed by Government. Such organizations are either fully or partly owned by the center or state and come under the separate ministry.
Answer:
see below
Explanation:
Ever wondered where your smartphone came from? You purchased it from a shop sure, but the shopkeeper purchased it from his distributor, the distributor purchased it from the manufacturer. And, the manufacturer produced a final product, your smartphone, from the raw materials available to him. Thus, the manufacturer is the origin of your smartphone. An industry is a group of organizations involved in producing/manufacturing or handling the same type of product and service. So, a group of smartphone manufacturers is known as an industry.