Question

what are the advantages and disadvantages of sugar industry

Answer 1

ADVANTAGES

1. Ready market all year through. You can never fail to get market for your sugar.
2. High demand. Sugar has high demand
3. There is no low or high season in this industry
4. Ready products to use

DISADVANTAGES

1. It can be capital intensive
2. High cost of production
3. Too much competition in the market

Answer 2

Concept introduction:

In macroeconomics, an industry is a division of an economy that creates a group of goods, services, or raw resources that are closely tied to one another. One may mention the wood business or the insurance industry as examples.

Explanation:

We have to tell the advantages and disadvantages of sugar industry.

A question related to industry has been given to us.

Advantages:

• A ready market throughout the year. You will always be able to sell your sugar.
• Strong demand. Demand for sugar is high.
• This industry has neither a low nor a high season.
• Ready-to-use items

Disadvantages:

• It can be capital intensive.
• High cost of production.
• Too much competition in the market.

Final answer:

Now , the final answer is the re are so many advantages like ready market all year through. You can never fail to get market for your sugar, high demand, sugar has high demand, there is no low or high season in this industry. But there is some disadvantages also.

#SPJ2