Question

Which of the following statements is correct?

Which of the following statement(s) is/are correct?

Options

• Small scale industries generate more employment than large scale Industries.

• Small scale industries make use of local skills, talent and resources.

• Both small scale industries generate more employment than large scale Industries and small scale industries make use of local skills, talent and resources.

• Neither small scale industries generate more employment than large scale Industries nor small scale industries make use of local skills, talent and resources.

Answer 1

Both small scale industries generate more employment than large scale Industries and small scale industries make use of local skills, talent and resources.

Explanation:

Small scale industries generate more employment than large scale industries because they are labor-intensive and require more workers for production. Additionally, small scale industries make use of local skills, talent, and resources, contributing to local economic development and utilization of indigenous capabilities.