Question

explain the major features of trade and industries​

Answer 1

Answer:

In the economy, both the Industry and Trade are parallel to each other. After independence, the leaders of our country had to specifically concentrate on the industrial growth for the country’s development. Many economists have explained that a ‘Poor nations can only progress if they have a good industrial sector’ because industrial sector is one of the most essential sectors that influence the Gross Domestic Product (GDP) in India. Industries provide employment which is more durable than agriculture, it encourages modernization and success. This is the reason why the five-year plans are important for industrial development.

Explanation:

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