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Answer» (а) - Basic Industries: Basic industries are those industries which provide necessary inputs to agriculture and industries. The examples are steel, Iron, Good Chemical Fertilizers Aluminium and Electricity.
- Capital Goods Industries. Capital Goods Industries are those industries which produce machinery and instruments for agriculture and industries. These include machines, mechanical instruments, tractors truck etc.
- Intermediate Goods Industries. Intermediate goods industries are those industries which produce those goods which are used for the production of other goods. Examples of there are tyres, mobile oil etc.
- Consumer Goods Industries. Consumer goods industries are those industries which produce consumer goods. These include sugar, cloth, paper industries etc.
(b) - Production of Capitalistic and Basic goods: For the industrialization of a country, capital goods like machines, instruments and basic goods like steel, Iron, chemicals are of great importance. The production of these capital and basic goods is possible only by large scale industries. ,
- Economic Infrastructure: Economic infrastructure like means of transport, electricity, communication facilities etc. are very much required for industrialization. Only big industries can produce mean of transport like railways engines and wagons, trucks, motors, planes, etc.
- Research and High Technique: For the industrialization of any country, research and high techniques are of very much important. A lot al money are able researches are required for this purpose. Only large scale industries can arrange required money for research and able researcher.
- Increase in Productivity: Because of large investment in big industries, per unit capital is more. Per unit productivity increases a lot. because of it.
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