Relate small scale industry with “informal” sector
- Both are small sized with low output level
- They both require little capital for establishment and maintenance
- Both use local inputs
- They are all scattered all over the country i.e. they are widely dispersed.
- They both produce mainly consumer good
- They are mainly labour intensive
- They all operate in private sector
- They both operate at excess capacity
- They are limited in book keeping and accountability
- There is on job training in both sectors.
- They produce for local market
CATEGORIES Economics
TAGS Dr. Bbosa Science
Thanks for shedding light on this. Sports Fitness & Outdoor
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