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Question : 2
Total: 4
Differentiate between basic and consumer industries.
Solution:
Differences between basic and consumer industries are as follows:
| Basic Industries | Consumer Industries |
|---|---|
| Basic or key industries are those which supply their products as raw materials to manufacture other goods. For example iron and steel, copper smelting, etc. | Consumer industries are those which produce goods for direct use by the consumers. For example, sugar, toothpaste, etc. |
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