What are basic goods industries?
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the basic goods industries are machinery, manufacturing plants and materials , and any other good or component used by other industries or films. they are different from consumer goods industries by consumer goods are ready for the consumption and satisfaction of human wants , such as clothing or foo
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Basic Goods Industries:
- Factories producing essential good necessary for industrial are called basic industries.EX : Machine, Electricity etc.
- These goods are not for direct consumption. Basic industries products essential good that can farm a base to support a large variety of factories.
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