name any two categories of industry on the basis of nature of finished product
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Answer:
products are classified into durable and no durable goods and tangibility
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Heavy Industries and Light Industries can be considered as two categories based on nature of finished product.
Explanation:
- When there is a use of raw material in high quantity and bulky and the finished product is having the same category, it is called as heavy industry. Ex. Iron Industry
- The light industry utilizes raw materials in which are light in quantity and not bulky but produces the finished product in the same category. Ex. Sewing machine.
To know more:
Explain classification of industry on the basis of raw material, size and ownership
https://brainly.in/question/2694728
What are the basis on which the industries can be classified? Give at least two examples for each.
https://brainly.in/question/7857598
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