Question

Why is iron and steel industry called the basic industry? Explain any three reasons.

Answer 1

Iron and steel are the feeder industry.They are used to make common materials that we use .It is also used as raw materials
by other industries to make different types. of objects.

Answer 2

1) it is the industry which lays the foundation of rapid devlopment of other industries such as heavy engineering, defence equipment, automobiles, etc.

2) it is also helpful in providing employment.

3) it also helps in the devlopment of agriculture.

4) it is a basic industry because all raw material and finished products are bulky.
hope it helps you