Question

What are the criteria for classifying industry based on size?

Answer 1

Answer:

Industries can be classified on the basis of size, ownership and raw materials. It refers to volume of production, number of people employed and the amount of capital invested. Industries can be divided into two types on the basis of size.

Explanation:

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Answer 2

Answer:

Industries can be classified on the basis of size, ownership and raw materials. It refers to volume of production, number of people employed and the amount of capital invested. Industries can be divided into two types on the basis of size.