Question

Give reason why iron and steel industry as well as chemical industry called basic industry?

Answer 1

Iron and steel industry as well as chemical industry are called basic industries because they provide the materials that forms the base of almost every product out there in the market. It is the primary stage of the finished products and thats why they fall under basic industry category

Answer 2

it provide raw material for all the other industries such as machinery and raw materials
steel is required for manufacturing many good like variety of engineering goods,etc