Question

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Mention three features of small industries.

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Answer 1

Answer:

Labour intensive. The unique feature of the small-scale industries is that it will be labour intensive industries. ...

• Low cost. There will be only minimal cost for setting up these small industries. ...

• Production.

Answer 2

Explanation:

Labour intensive: Small-scale industries are fairly labour-intensive. They provide an economic solution by creating employment opportunities in urban and rural areas at a relatively low cost of capital investment.

Flexibility: Small-scale industries are flexible in their operation. ...

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