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Question

What is the difference between Small Scale And Large Scale Industries?


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Solution

The exact meaning of industrialisation is a process by which an increasing proportion of a country’s economic activity is involved in the industry. The basis of the division of the large-scale and small-scale industries is generally the size, capital resources, and labour of the individual unit.

The difference between small and large-scale industries is tabulated below.

Small scale industriesLarge scale industries
There are less capital and investment in small-scale industriesLarge-scale industries have tremendous capital and investment
Since they have low investment, small-scale industries do not have big machinesLarge-scale industries have large and enormous machines
Small-scale industries employ fewer employees, and most work is performed by workersMachines do most work in large-scale industries
Examples: cycles, handicraftExamples: Cotton, iron

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