GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Small Scale Industries use which methods of proiduction?
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Labour intensive
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Capital Intensive
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Either Labour or Capital intensive
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Both Labour and Capital intensive
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Explanation:
Detailed explanation-1: -Labor Intensive: These small scale industries tend to use labour and manpower for their production activities. So their dependence on technology is pretty limited. Flexibility: These units are more adaptable to their changing business environment.
Detailed explanation-2: -1 Answer. Labour intensive production technique.
Detailed explanation-3: -Labor intensive refers to a process or industry that requires a large amount of labor to produce its goods or services. Labor costs encompass all of the costs necessary to secure the human capital necessary to complete work.
There is 1 question to complete.