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what is the peculiar feature of construction industry

Posted by S. K 4 years, 7 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 4 years, 7 months ago

A feature of the construction industry is long-lasting output such as the apartment, building, highways. The peculiar feature of the construction industry that it needs other enterprises to sustain them which can contribute to the gross domestic product of the country.

The chief consumer of the construction industry is the public sectors owned by the government for infrastructure development. Construction industries require various places, diverse resources and inputs, and multiple stages of their methods. However, there is discontinuities and contingencies in-demand model.

2Thank You

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