Economy, asked by anitak41, 6 months ago

Discuss the contribution of industry to national economy

Answers

Answered by qbrainly10
3

Answer:

Contribution of industries to a national economy by,

a)Industries provide for the production and goods and provision of services

b)It has brought about substantial increase in GDP of any country. ... c)Industrial sector adds to country's growth and provide wide variety of choices for consumers........☺

Explanation:

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Answered by krishparikh72
3

Answer:

Contribution of industries to a national economy by,

a)Industries provide for the production and goods and provision of services. It has brought about substantial increase in GDP of any country.

b)Industries generates employment for vast majority which help in improving living standard and poverty eradication.

c)Industrial sector adds to country's growth and provide wide variety  of choices for consumers.

d)It ensure export of manufactured goods thereby adding to the country's foreign exchange.

e) It improves country's infrastructure and contribute to the overall development.

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