Characteristics and Functions of Industries

The video tutorial explores the concept of industries, highlighting their significance in transforming raw materials into finished goods. It discusses the role of industries in providing jobs, improving living standards, and contributing to national development. The tutorial explains factors affecting industry location, such as capital, resources, and transport. It classifies industries by scale and capital, distinguishing between large, medium, and small-scale industries. Cottage industries are described as small-scale, home-based operations. Finally, industries are classified based on raw materials, differentiating between agriculture-based and mineral-based industries.

What is the primary function of an industry?

• To offer educational services

• To convert raw materials into finished goods

• To manage financial transactions

• To provide entertainment

Which of the following is NOT a benefit provided by industries?

• Providing jobs

• Improving living standards

• Increasing pollution

• Contributing to national development

Which factor is NOT considered when setting up an industry?

• Transport and communication

• Capital investment

• Proximity to tourist attractions

• Availability of resources

Which of the following is NOT a factor affecting the location of an industry?

• Availability of labor

• Transport facilities

• Power supply

• Climate

What is a characteristic of a large-scale industry?

• Operates from home

• Requires minimal capital

• Employs few people

• Uses heavy machinery

Which of the following is an example of a cottage industry?

• Oil refinery

• Automobile manufacturing

• Handloom weaving

• Steel plant

What distinguishes a medium-scale industry from a small-scale industry?

• The number of employees

• The amount of capital invested

• The type of products made

• The location of the industry

What raw material is essential for the sugar industry?

• Iron ore

• Sugarcane

• Bauxite

• Cotton

Which industry is considered agro-based?

• Electronics

• Railways

• Cotton

• Shipbuilding

What is a key feature of mineral-based industries?

• They are always small-scale

• They use minerals as raw materials

• They rely on agricultural products

• They do not require power