Small scale and large scale industries are classified on the basis of
Small scale and large scale industries are classified on the basis of
The correct option is A Capital investment
Industries can be classified according to their size
1. Small
Scale Industries
2. Large
Scale Industries
Size refers to the
- Amount of Capital Invested
- Number of People Employed
- Volume of Production
Small Scale
Industries: Cottage or household industries are a type of small scale
industry where the products are manufactured by hand, by the artisans.
·
Small scale industries use very little capital.
·
The craftsmen follow traditional methods while
making their products and modern technology has no place here.
·
The capital invested by small scale industries
is very small.
·
Basket weaving, Pottery, handicrafts, silk
weaving, food processing and dress-making are all small-scale Industries
Large Scale
Industries: Large scale industries make huge investments and use modern
technology in their manufacturing process.
·
Large scale industries invest huge capitals.
·
The technology used is very superior and the
large quantities of the product are manufactured. Classification of Industries
·
The labor force involved in large scale industries
is also very large.
·
Automobile industry, manufacture of consumer
goods like Television sets, iron and steel industries can be classified under
large scale industries.
Industries can be classified according to their size
1. Small Scale Industries
2. Large Scale Industries
Size refers to the
- Amount of Capital Invested
- Number of People Employed
- Volume of Production
Small Scale Industries: Cottage or household industries are a type of small scale industry where the products are manufactured by hand, by the artisans.
· Small scale industries use very little capital.
· The craftsmen follow traditional methods while making their products and modern technology has no place here.
· The capital invested by small scale industries is very small.
· Basket weaving, Pottery, handicrafts, silk weaving, food processing and dress-making are all small-scale Industries
Large Scale Industries: Large scale industries make huge investments and use modern technology in their manufacturing process.
· Large scale industries invest huge capitals.
· The technology used is very superior and the large quantities of the product are manufactured. Classification of Industries
· The labor force involved in large scale industries is also very large.
· Automobile industry, manufacture of consumer goods like Television sets, iron and steel industries can be classified under large scale industries.
