Explain any three characteristics of modern large scale manufacturing in the world
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Explanation:
Characteristics of modern large-scale industry:
1. These include mainly heavy and capital intensive industries.
2. These are high tech industries where white collar workers make up a large share of the total work force.
3. Special attention and measures are taken towards the quality control. Specialisation in production is the main feature of large scale industries.
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The three characteristics are as follows-
- Specialization in production- The goods are produced on a large scale and the overall cost is reduced. The workers perform the same task which leads to specialization.
- Innovation in technology- New methods of production are devised which reduce wastage and enhance quality.
- Mechanisation- Since production has increased, the use of machinery has also increased significantly. These machines perform automatically and reduce human intervention.
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