Two basic features common to an industry are

a

production processes and source of capital

b

source of capital and labour supply

c

similarity of products and source of raw materials

d

similarity of products and production processes

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Explanation

Correct Option
d

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Discussions (5)

Joama01
3 years ago

I think the ans is 'c' cause an industry produce similar products with similar or same raw material and not neccsarily same process

Brainpill
10 years ago

The correct answer is D. when we talk of industry, we r talking about different firms dat produces similar products. Examples are music industry, textile industry, etc. They is similarity in their products and their production processes.

Michealkeys
7 years ago

Industries are firm producing similar product under different management

damcul
10 years ago

Can sum1pls explain dis

damcul
10 years ago

Thanks

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