Small-scale and cottage industries ____________.

Are labour intensive

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Require low capital

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Have greater employment potential

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All of the above

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Solution

The correct option is D All of the above

The most important characteristics of small scale industries are given below:

Labour intensive
Capital required is less and therefore economizes use of capital
Short gestation period
Less imports
Helps in decentralisation
Source of mobilization of savings
Leads to equitable distribution of wealth

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Why are small scale and cottage industries suitable for a country like India?

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