What is role do small scale industries play in economy?
Answers
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Answer:
Small Scale industry
Explanation:
1. Reduces Unemployment
2. Improve production
3. Increased Exports
4. Welfare to society
5. Sometimes it also produce raw material for big scale industry.
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Small scale industries play a crucial role in the development of the nation.
Explanation:
- Small scale industries are important as they help to increase employment and economic development.
- The improve the country's growth like the small-scale manufacturing along with the cottage industry plays an important role in the economic development of the country.
- Such as the eradication of slums and poverty. They help to reduce employment in the country. They help the government to increase manufacturing and infrastructure.
Learn more about the role do small scale industries play in economy.
- brainly.in/question/11337422 answered by ashokgodascis.
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