Science, asked by bijayalaxmi1576, 5 months ago

what is the difference between small scale industry and large scale industries​

Answers

Answered by anjanababu068
0

Answer:

small scale industries have less capital and investment while large scale industries have huge capital and investment. ... - small scale industries employ less labourers and most work is done by manpower while in large scale industries most work is done by machines.

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.

Small scale industries are labour intensive yet require little capital. ... Small scale industries comprise of small enterprises that manufacture goods or provide services with the help of smaller machines and a few workers and employees. The enterprise must fall under the guidelines set by the Government of India

Answered by AadilAhluwalia
0

Small-scale industry and large-scale industries​

  • Small-scale industries are those in which the production process is carried out on a tiny, or even microscopic, scale.
  • Large-scale industries are those that have a significant workforce, extensive infrastructure, heavy machinery, and significant upfront financial commitment.

Difference between Small scale and Large scale industries​

  Industries on a small and large scale are extremely different from one another.

  • A small-scale business is one that is organized to handle the production, processing, and conversion of goods and entails investing in fixed assets like machinery and plant. A large-scale industrial operation is one that is sufficiently established to produce both capital and consumer commodities.
  • Small Scale Industries require a lot of labor because of their great concentration on the labor force, but they also need capital to operate and grow. Large-scale industries, on the other hand, require significant capital investments to start and run them.
  • Workers that are skilled or semi-skilled are needed in small-scale industries. Contrarily, large-scale enterprises demand trained laborers, therefore workers receive adequate instruction in how to handle machinery.
  • Small-scale companies manufacture their products using native (local) technologies. Contrarily, large-scale enterprises use cutting-edge technology to produce goods in order to lower costs and increase profit.
  • Small-scale industries strive to create jobs with minimal investment. In contrast, the goal of large-scale industries is to manufacture consumer goods and capital goods domestically in order to make the nation self-sufficient.

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