Question

Explain the basic characteristics of large-scale industries.

Accepted Answer

The basic characteristics of large scale industries are as follows:

Large scale industries use huge quantities of raw materials obtained from the nearby areas within the country or outside the country.

Large-scale industries hire a large number of labourers.

Large scale industries hire different types of workers such as skilled and trained labour and managerial staff.

Large scale industries have a large amount of capital investment, more than a crore of rupees.

Large scale industries involve highly mechanised work, operated by heavy power machines. From manufacturing to packaging, machines are used in every operation.

Large-scale industries have very high power consumption.

Goods manufactured by large-scale industries have domestic as well as international markets.

Large scale industries require a good transportation network as both raw materials and manufactured products are often heavy and bulky.

Explain the basic characteristics of large-scale industries.

Important Questions on Periodic Test - 3

Learn and Prepare for any exam you want !