Which type of industry call
for big capital investment
and have a longer
production cycle?
A)Gigantic Industries
B)Heavy Industries
C)Major Industries
D)Light Industries
Answers
Answered by
0
Explanation:
A) Gigantic industries is the correct option
Mark as brainliest if helpful
Answered by
0
Heavy industries is the correct option.
Explanation:
Option B i.e. Heavy industries is the correct option because heavy industry call for big capital investment, large-scale undertakings, high cost, big equipment, large areas of land, high barriers to entry and a longer production cycle. So, it dominated by large companies.
Example of heavy industries include oil, machinery manufacturing, mining, shipbuilding, chemicals, steel, etc.
Similar questions