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A local industry is the one whose scope is local. It gets its raw material and labor locally and finished goods are also sold locally most of the times or they are sold to some traders. For example- Jaggery making industry in rural India, gunny bags (Jute) industry.
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Problems of IT industry in the local industries?
tae
Why should the government protect its local industries?
1. To allow the infant industries grow. 2.To allow local industries enjoy economies of trade. 3.To put to optimum use the scarce resources available. 4.To encourage exports as opposed to imports. 5.To enhance employment levels in the economy because more people will be employed in the local industries.
How do industries influence the local economy?
industries can affect in various ways ... it can supply jobs , there is the selling and buying of products
How does local community benefit from foreign investors?
positive impact,employement,development of local industries, improvement of local livelihood, expansion of business to local products
Types of industries and their role in local economy?
Anonymous; destroying the fabrics of life.
What is real definition of small scale industries?
local to the city, county or state
What are disadvantages of imports to the local industry?
The main disadvantage is that imports compete with local industries, thus often resulting in a decrease in profits for the local businesses. in severe cases, such as cheap textile imports from countries like china, the imports could completely out-compete the local industries and result in large scale job loses and company closures as the local businesses can no longer make a profit.
What has the author Salvador Lugo written?
Salvador Lugo has written: 'Trends and problems of the local Puerto Rican-owned manufacturing industries' -- subject(s): Manufacturing industries
Who owns goodwill industries' buildings?
Goodwill Industries' buildings are typically owned by the individual local Goodwill organizations, which operate as independent nonprofit entities under the broader Goodwill Industries International umbrella. Each local Goodwill manages its facilities and properties, which are used for retail operations, donation centers, and job training programs. Ownership may vary based on local fundraising efforts and real estate acquisitions.
Describe the relationship in New Zealand between the travel and tourism industries for Inbound tourism?
The travel agencies draw visitors to New Zealand by presenting travelers with information provided by tourism industries. Airlines, local businesses and the local government all benefit from this dynamic.
Examples of small scale industries?
Most of the small scale industries are usually privately owned partnerships with less than 50 employees. Examples of the small scale industries includes convenience stores, grocery shops, and a local food kiosk just but to mention a few.
1 Why do some industries become global while others remain local or regional?
because of the opportunities.
