Present a comparative analysis on large scale and small-scale industries
Answers
Explanation:
In general, any industry can be classified as a small scale industry or large scale industry as per the investment made in procuring the plant and machinery for manufacturing goods. In this way, small scale industries are said to be the ones whose investment in the capital assets is limited to the amount specified by the Government of the country.
On the contrary, those industries which make an investment in their plant and machinery beyond that limit, are considered as large scale industries.
Nevertheless, there are several other factors like a number of workers employed, the geographical area occupied, the volume of the output, etc. which can also be used to classify the industries. Let’s move further to understand the difference between small scale and large scale industries.
Answer:
small scale industries are large scale industries