industries are classified on what basis ?
Answers
Answered by
3
Industries can be classified on the basis of size, ownership and raw materials. It refers to volume of production, number of people employed and the amount of capital invested. ... Large scale industries - Investment of capital is higher and superior technology is used in large scale industries.
Answered by
1
Explanation:
On the basis of Raw-material and finished goods: Heavy industries: Industries that use large and heavy materials to produce large products. Iron and steel industries are examples
Similar questions