Question

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⌧ Explain how industries are classified on the basis of raw materials.

⌧ How would you distinguish between large-scale and small-scale industries?

⌧ In what ways do the public sector industries differ from private sector industries?

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Answer 1

Answer:

1. Industries can be classified on the basis of raw materials, size and ownership. ... Raw Materials:Industries may be agro based, mineral based, marine based and forest based depending on the type of raw materials they use. Agro based industries use plant and animal based products as their raw materials.

2. Small scale industry is an industrial undertaking in which there is a definite capital investment in its plant and machinery. Large scale industry encompasses big industrial units whose investment in their plant and machinery is beyond the limit specified by the Government. It requires semi-skilled labours.

3. The primary difference between public- and private-sector jobs is that public-sector jobs are generally within a government agency, whilst private-sector jobs are those where employees are working for non-governmental agencies

Explanation:

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