Which of the following industries produces raw materials for other industries?
Answer & explanation
Correct answer: option 3
The correct answer is Option 3: Basic industries
The industry whose products are used to make other goods by using them as raw materials are basic industries. Example: Iron and steel industry → provides steel for making cars, machines, buildings, etc.
The others:
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Cottage industries ➔ Small, home-based, handmade products.
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Small-scale industries ➔ Manufacture finished goods in small quantities.
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Footloose industries ➔ Not tied to any specific location; they can move easily (like software companies).