Question

Give reason:- Iron and steel Industry is the basic Industry​

Answer 1

Answer:

The iron and steel Industry is the basic industry since all the other industries — heavy, medium and light, depend on it for their machinery. Steel is needed to manufacture a variety of engineering goods, construction material, defence, medical, telephonic, scientific equipment and a variety of consumer goods.

Explanation:

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Answer 2

The iron and steel Industry is the basic industry because:

i. All the other industries - heavy, medium and light, depend on it for their machinery.

ii. Steel is needed to manufacture a variety of engineering goods, construction material, defence, medical, telephonic, scientific equipment and a variety of consumer goods.

iii. Iron and steel are heavy industries because all the raw materials, as well as finished goods are heavy and bulky. It involves heavy transportation costs.