Question : Small-scale industries are characterized by:
Option 1: High capital investment
Option 2: Mass production
Option 3: Limited workforce and production capacity
Option 4: Extensive global distribution networks
Correct Answer: Limited workforce and production capacity
Solution : Small-scale industries are characterized by limited workforce and production capacity, often focusing on local or niche markets with lower capital investment.
Question : Large-scale industries are characterized by:
Option 1: Limited production capacity
Option 2: High production capacity
Option 3: Traditional production methods
Option 4: Low capital investment
Question : Household industries typically involve:
Option 1: Mass production
Option 2: High capital investment
Option 3: Small-scale production
Option 4: Extensive use of technology
Question : Small-scale industries are often characterized by:
Option 1: High levels of automation
Option 2: Large workforce
Option 3: Limited market reach
Option 4: Extensive research and development
Question : Household industries are characterized by:
Option 1: Large-scale production
Option 2: High-tech machinery
Option 3: Small-scale production within homes
Option 4: Extensive international trade
Option 1: Low levels of investment
Option 2: High levels of employment
Option 4: Small production volumes
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile