conclusion of industries
Answers
Answer:
Following are the main advantages of industrial development : 1. Increase in Employment :- When the development of industrial sector the employment opportunities can increase and rate of unemployment can reduce. 2. Increase in GNP :- Due to the industrialization the production of the country increases.
Answer:
Thus, the statistical materials examined above show that in many developing countries, particularly in Asia, there are great possibilities for the use of forms of industrial production having a low level of mechanization. In one or another concrete economic situation very successful use can be made of the positive side of small-scale industry — the greater gross and net output per unit of capital investment as compared with the factory industry. At the same time it should be remembered that large-scale factory production, first of all the production of the means of production, must remain the basis for the industrial development of the countries investigated.
Explanation:
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