Question

Mention three features of small industies​

Answer 1

Answer:

you won't need more money

labours can be your family member

you won't need more space

Answer 2

Answer:

Mention three features of small industies:

• Labour intensive

The unique feature of the small-scale industries is that it will be labour intensive industries. It involves the labour force in the local and makes them employed. Unemployed in the local areas will be employed and their income rises.

• Low cost

There will be only minimal cost for setting up these small industries. It doesn’t involve any need for procurement of huge machines and factories. Therefore it requires a minimum cost for set up.

• Production

Since it is a small-scale industry and mainly uses labour intensive technique, then output produced will be less. Labour produce less output compared to a machine. Therefore the output will be less.