Discuss in brief the ‘Role of Trade and Industry’
Answers
Explanation:
The mission of the Department of Trade and Industry (the dti) is to promote structural transformation, towards a dynamic industrial and globally competitive economy; provide a predictable, competitive, equitable and socially responsible environment, conducive to investment, trade and enterprise development
Role of Trade and Industry
Explanation:
Places, where industries, are set up will have tremendous growth. Industries manufacture from a simple needle to complicated machine parts on a large scale. With the coming up of industries, the life of human beings became simpler.
The exchange of manufactured products between two individuals, states or countries is known as trade. A country's GDP increases if the exports to another country are more. With the help of trade the relations between two countries in developed leading to globalization. trade also provides the consumers with a variety of choices i.e, it exposes an individual to many foreign products also. Today, trade and industries determine a country's economic growth. It also provides employment to thousands of people.