Question

Explain industry - market linkage on the basis of the fig given below

Answer 1

Answer:

Lets take an example as a farmer.

First, a farmer grows different types of vegetables and fruits. After they are completely mature (grown).

They are transported in the factory. Then, the quantity or services of goods is transported in the market where all people now can buy their fruits and vegetables. When they're transported in factory. The factory people pays money to the farmer. And when they transport goods to the market. The market workers will pay money to the factory. And when people buy the goods, they will pay money to the cashier.

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