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Question

Give an example of the consumer industry_________________.

A
Textile Industry
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B
Butter Industry
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C
Iron and Steel Industry
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D
Wood Industry
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E
None of these
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Solution

The correct option is A Textile Industry

In simplified terms, the consumer industry that produce goods for direct use by consumers, that means the finished goods by this industry can be directly used by consumers, for eg, toothpaste, paper, textiles, etcas opposed to the capital goods industry, which manufactures goods for sale to other companies.


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