Question

Discuss the role of FDI in industrialisation after independence

Answer 1

Answer:

When industrial production increase that increase exports and revenues of the government. Industrialization provides machinery like tractors, threshers, harvesters and spray machines to increase the production of agriculture sector. Industrialization increases the supply of goods for internal and external markets.

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Answer 2

Industrialization provides increased employment opportunities in small- and large-scale industries. In an industrial economy, industry absorbs underemployed and unemployed workers from the agricultural sector, thereby increasing the income of the community