list some advantage of large scale industries
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Answered by
3
Answer:
hello!!here is your answer.....
Explanation:
- Economies in the cost of production.
- advantages of consumers .
- Economies of information.
- Divison of labour .
- able organizers.
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Answered by
1
Answer:
i) Provide employment
Large scale industries provide employment to a large no. of people thus generating employment.
ii) Contribute more to GDP
Large scale industries produce more good which costs more and its increases the GDP of the country.
iii) Fulfill the demands of more people
When large scale industries are set up they produce more good which could be sold to more people thus fulfilling their demands.
iv) Helps in development of primary and tertiary sector
When large scale industries were set up, they need more raw materials which is acquired from primary sector and for transportation to the market it requires transport which is included in tertiary sector
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