Explanation:

- Small scale industries (SSIs) are vital for employment generation. They create job opportunities, especially in developing economies, where large industries are scarce.

- SSIs help in utilizing local resources and skills, enhancing overall economic growth and employment.

- SSIs contribute significantly to foreign trade, often exporting unique, locally-made goods that are popular in international markets.

- These industries help diversify exports and improve the trade balance by bringing foreign exchange into the country.

Option:1, Both are correct

- Both statements are true. Small scale industries help with job creation and contribute to foreign trade.