How can Industries be classified on the basis of their size? Support your answer with examples.
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Answered by
6
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Industries can be classified on the basis of size as -
1. Large scale industries - These industries are based on a large scale with modern techniques and less human labor. Eg - steel manufacturing industry.
2. Small scale industries - These industries are based on a small area often in a cottage or house. Family members usually serve as labor. Eg - packaging industry.
Hope I helped you !
I would be glad answering that !
Industries can be classified on the basis of size as -
1. Large scale industries - These industries are based on a large scale with modern techniques and less human labor. Eg - steel manufacturing industry.
2. Small scale industries - These industries are based on a small area often in a cottage or house. Family members usually serve as labor. Eg - packaging industry.
Hope I helped you !
Answered by
5
Industry can be classify into two type on the basis of size. These are :
1. small scale industry - It is the type of industry in which small amount of capital and labour is required.
For example : cottage industry
2. large scale industry - It is the type of industry in which large amount of capital and labour is required.
For example : Automobile industry
1. small scale industry - It is the type of industry in which small amount of capital and labour is required.
For example : cottage industry
2. large scale industry - It is the type of industry in which large amount of capital and labour is required.
For example : Automobile industry
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