Question
What is a small business?

Answer

  • This type of industry has a larger number of workers, more investment, use of machinery and a larger size than the home industry.
  • As the employment opportunities are higher here, the income of the local people increases.
  • Textiles, toys, furniture, edible oil, leather goods etc. are produced by small scale industry units.
  • Small scale industries have developed in India, China, Brazil, Indonesia etc.

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