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What is meant by large scale industry? |
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Answer» The beginning of large scale industries took place after the industrial revolution. Requirements of various types of raw material, extended market, skilled labour, more capital and high technology are there in these industries. Quality in production and specialisation in production are its major characteristics. The produced goods are exported. Cement, petroleum, iron and steel etc. are types of large scale industries. Industries having such characteristics are called large scale industries. |
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