Question

what are the basic goods industries?How are they different from consumer goods industries?
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Answer 1

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Basic industries: The finished products of these industries are used as raw materials by other industries. For example, the products of iron and steel industry are used as raw materials by other industries for manufacturing tools, automobiles and machine. Thus, iron and steel industry is a basic industry.

Intermediate goods industries:The products of these industries are used by other industries as components for manufacturing other finished products For example, various components such as tyres, engine and steering wheel are required to

manufacture a car, which are obtained from other industries Consumer goods industries: The finished products of such industries are used

directly by the customers such as cosmetics, sugar and paper.

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Answer 2

Answer:

thanks for these points

Explanation:

have a great day!!