List five difference between heavy and light industry
Answers
●Light industrial work is similar to many jobs you may find in manufacturing or distribution, but occurs on a much smaller scale. For example, light industrial work involves producing or distributing smaller products and parts of larger goods. ... Uses partially produced materials to produce items.
●Heavy industry relates to a type of business that typically carries a high capital cost (capital-intensive), high barriers to entry, and low transportability. The term "heavy" refers to the fact that the items produced by "heavy industry" used to be products such as iron, coal, oil, ships, etc.
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Answer:
The main differences between light and heavy industry are as follows: Light industry produces small-scale products, mainly for purchase by private individuals, while heavy industry tends towards large-scale enterprises. Light industry is small-scale, suitable for factories in industrial areas, while heavy industry involves large factories covering large areas of land. Light industry requires only a limited amount of capital investment, while heavy industry is capital intensive and requires large investments. Finally, light industries are manufacturers whose products are mostly consumed by customers, while heavy industries are sellers who believe they are business oriented rather than end consumer oriented.
Extra information:
Heavy industry:
Those industries whose raw materials and finished products are heavy and bulky are classified under heavy industry.
These industries require large capital investment.
Example - iron and steel industry
Light industry:
Those industries whose raw materials and finished products are light are classified under light industry.
These industries require relatively less capital investment
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