Question

state five features of large scale industry​

Answer 1

Answer:

Here are some advantages of large scale

industries:

They provide an impetus to the industrialization of the country.

Large scale industries, usually, produce capital and basic goods (instruments, machines, chemicals, etc.)

They are capable of generating funds for the research and development of new technologies

Answer 2

Answer:

The five features of large scale industries are as follows:

1. They provide an impetus to the industrialization of the country.

2. Large scale industries, usually, produce capital and basic goods (instruments, machines, chemicals, etc.)

3. They are capable of generating funds for the research and development of new technologies.

4. Due to the large scale of operations, they have the potential to lower the cost of goods.

5. Further, they create opportunities for small-scale and cottage industries to evolve and flourish.

Additionally,

6. Also, the employment opportunities created by large scale industries are huge