Question

Classify industries on the basis of the nature of products. Give one example of each.

Answer 1

1. Heavy Industries: These industries produce capital goods and consumer durables, which are quite bulky and are therefore, known as heavy industries. They require huge capital, large quantity of raw material, scientific knowledge, sophisticated machinery, etc.
2. Light Industries: These industries produce goods which are light in weight, like cycles, sewing machines, electronic goods, etc. They require less capital and less number of workers than the heavy industries.