Question

Calculate Gross value added at factor cost from the following:

(i) Gross value of output at MP
10,500
(ii) Depreciation
1000
(iii) Indirect taxes
750
(iv) Economic subsidies
200
(v) Intermediate consumption 4000
(vi) Compensation of employees
2000​

Answer 1

Answer:

Export of manufactured goods expands trade and commerce , and brings in much needed foreign exchange.

Questions

a) How do manufacturing industries help the people?

b) Why industrial development consider important for tribal areas?

c) Why are export of manufacturing goods important for economy?