Question

Explain importance of big
industries​

Answer 1

In large scale industries work is distributed among the labourers according to their efficiency which improves the productivity. These industries also use huge modern capital which raises productivity and reduces cost per head. It enables the consumer to get commodities at a cheaper rate.

Answer 2

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Here are some advantages of large scale industries: They provide an impetus to the industrialization of the country. Large scale industries, usually, produce capital and basic goods (instruments, machines, chemicals, etc.) They are capable of generating funds for the research and development of new technologies.