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Question
Differentiate between:
Basic Industries and Consumer Industries.
Distinguish Between
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Solution 1
| Basic Industries |
Consumer Industries |
| (i) The finished products of these industries are used by other industries. | (i) The finished products of these are used as raw materials, directly consumed by consumers. |
| (ii) For example, the iron and steel industry provides steel as raw material for the machine tool-making or agricultural implement-making industry. | (ii) For example, the medicines made in pharmaceutical industries are directly consumed by consumers. |
| (iii) These industries supply their products to others. Hence, they are called linkage products. | (iii) These industries supply their products to consumers. Hence, they are called consumer goods industries. |
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Solution 2
| Sr. No. | Basic industries | Consumer industries |
| 1. | These are industries that produce material, which is in turn used for other industries | Consumer goods industries manufacture goods that are ready for direct consumption. |
| 2. | These are basic industries or heavy industries. | These are light industries. |
| 3. | For example, the iron and steel industry makes steel for further use in the automobile, heavy machinery, and other industries. | Watch- making, electronic goods, textile mills, and pharmaceutical plants are examples. |
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