Business Studies, asked by rabbyoutlook0007, 4 months ago

What are the features of rural industry?​

Answers

Answered by Anonymous
4

Answer:

characteristics of rural industries

  • low investment in plants and machinery.
  • use of locally available of raw material.
  • high potential for employment generation.
  • high potential for income generation.
  • use traditional skills.
Answered by shrutika3105
3

Answer:

1. Ruler industries are labour intensive, thus have high potential in employment generation.

2. High potential for income generation in rural areas.

3. Very low investment in plant and machinery.

4. Low gestation period.

5. Use of locally available raw materials.

6. Use of traditional skills.

7. Products are either essential mass consumer goods or handicrafts.

8. Decentralised production system and

9. Limited markets.

Explanation:

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