How are industries classified on the basis of size ? Explain.
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Based on size, industries can be classified into small scale and large scale industries. Cottage or household industries are a type of small scale industry where the products are manufactured by hand, by the artisans. Basket weaving, pottery and other handicrafts are examples of cottage industry.
Answered by
1
Answer:
Based on size, industries can be classified into small scale and large scale industries. Cottage or household industries are a type of small scale industry where the products are manufactured by hand, by the artisans. Basket weaving, pottery and other handicrafts are examples of cottage industry.
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