Why is the iron steel and industry called that basic industry ? Explain any three reason.
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The iron and steel Industry is the basic industry because:
i. All the other industries - heavy, medium and light, depend on it for their machinery.
ii. Steel is needed to manufacture a variety of engineering goods, construction material, defence, medical, telephonic, scientific equipment and a variety of consumer goods.
iii. Iron and steel are heavy industries because all the raw materials, as well as finished goods are heavy and bulky. It involves heavy transportation costs.
Answered by
1
Answer:
this is because all the company and people use the steel as the basic of life
see I have written 3 point you can seperate from it.
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