describe briefly the role of industry in the growth and development of a country
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Answer:
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Answer:
There is a very huge and important role of industries in the growth and development of a country -
1. Regulate economy-As a country which is developing is a developing country, so it requires a lot of money and all to satisfy their people's need, and in distress play a major role for providing money to our country by trade and commerce.
2. Employment facilities - Industry provides employment facilities to a country which is developing and it is very good for the country.
3.Availability- Industry provides availability of finished products and goods within the country in acceptable prices which is good for a developing country.
4. Maintenance - Industry play a major role in maintaining the economic rate employment rate by different direct and indirect factors.
Hence industries are highly responsible for the development and rapid growth of a country.
hope it helps you....