A smaller industry that grows to cater for the need of the major industry is
Answer Details
A smaller industry that grows to cater to the needs of a major industry is called a subsidiary industry. It is a type of industry that provides goods or services to support the production and operations of a larger industry.
Subsidiary industries are often dependent on a larger industry for their survival, as they provide inputs, components, or support services that are crucial to the larger industry's production processes. For example, the automotive industry depends on the steel industry for raw materials, and the logistics industry depends on the transportation industry for shipping and handling services.
As the larger industry grows, so too does the demand for the goods and services provided by the subsidiary industry. This can create new business opportunities for entrepreneurs looking to enter the market, as well as generate jobs and economic growth for the region.
Subsidiary industries can also play a key role in the development of an economy, especially in developing countries where new industries may need support to get off the ground. By nurturing and investing in these industries, governments can help create new jobs, build up the infrastructure and supply chain, and create a more diverse and robust economy over time.