Question

What are the basic goods industries? How they are different from consumer goods industries?

Answer 1

Basic Goods Industries	Consumer Goods Industries
1. Factories producing essential goods necessary for industries are called basic goods industries. E.g.: Machines, electricity, etc	1. Factories producing goods which for direct consumption are called consumer goods. E.g.: Soaps, Furniture, TVs, etc.
2. These goods are not for direct consumption.	2. These goods are directly consumed by consumers.
3. Basic industries produce essential goods that can farm a base to support a large variety of factories.	3. Consumer goods industries did not support any other industries.