Definition of Industrial Concept – Plant, Factory, Firm, Industry And Industrial Estate - SS2 Economics Past Questions and Answers - page 1
What is a factory?
A type of plant that produces goods on a large scale
A business organization that produces goods or services for sale
An area where multiple manufacturing or production facilities are located
A facility where raw materials are processed or manufactured into finished products
What is an industry?
A designated area where multiple manufacturing or production facilities are located
A type of plant that produces goods on a large scale
A group of firms that produce similar goods or services
A business organization that produces goods or services for sale
What is a firm?
A type of plant that produces goods on a large scale
A designated area where multiple manufacturing or production facilities are located
A business organization that produces goods or services for sale
A group of firms that produce similar goods or services
What is an industrial estate?
A designated area where multiple manufacturing or production facilities are located
A type of plant that produces goods on a large scale
A group of firms that produce similar goods or services
A business organization that produces goods or services for sale
What is a plant?
A facility where raw materials are processed or manufactured into finished products
A designated area where multiple manufacturing or production facilities are located
A group of firms that produce similar goods or services
A business organization that produces goods or services for sale
What is a steel plant an example of?
A designated area where multiple manufacturing or production facilities are located
A type of plant that produces goods on a large scale
A group of firms that produce similar goods or services
A facility where raw materials are processed or manufactured into finished products
What is the difference between a plant and a factory?
What is the purpose of an industrial estate?
What is an industry defined by?