what is large scale industry
class 8 chapter industry
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Answer:
LARGE-SCALE INDUSTRY, 1850–1950 The term "large-scale industry" refers to factories that combine at least three characteristics: use of machinery, employment of wage labor, and the application of regulatory measures such as the Factory Act or Disputes Act.
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definition :-
Large scale industries produce large volumes of products. The investment of capital is higher and technology is superior.
example:-
production of automobiles and heavy machinery. has automated production, and is capital- and manpower-intensive, requires heavy investment in plant and machinery.
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