Economics · Economy
Which of the following characteristics typically defines large-scale industries as opposed to micro and small enterprises?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Capital investment in plant and machinery is less than ₹1 crore.
- 2It manufactures finished goods manually in small quantities.
- 3It employs a massive workforce, often exceeding thousands of workers, and uses heavy machinery.✓
- 4The operations are completely restricted to localized cottage units.
Correct answer
It employs a massive workforce, often exceeding thousands of workers, and uses heavy machinery.
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