Q no:-5. Differentiate between the following.
a) large-scale and small scale industry.
Answers
Answer:
Small scale industry use lesser amount of capital It produces less volume of goods whereas large-scale industry produces a large volume of goods
Explanation:
Small Scale Industry
(i) These industries employ less number of persons and capital.
(ii) Most of the work is done by manpower, small machines and tools.
(iii) Raw materials used are less and the production is consequently less.
(iv) They are scattered in rural and urban areas and are in the private sector, e.g., cycle, T.V., radio.
Large Scale Industry
(i) These industries employ a larger number of persons and capital.
(ii) The work is done mostly by larger machines and laborers.
(iii) Raw materials and used is large and there is mass production.
(iv) They are located in urban centres and are in the public sector or run by big industrialists, e.g., Cotton textiles, Jute textiles.
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