give any two reasons why induatries are important.
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Economic Stability: ...
Increase in foreign exchange reserve: ...
Utilization of Natural Resources: ...
Supports Agricultural, Defence and other sectors of economy: ...
Improvement of Balance of Payment and government revenue: ...
Improvement in Investment and Spending:
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- Industrial development is a precondition for eradication of unemployment and poverty from Once country.
- Manufacturing industries not only help in modernising agriculture they also reduce the heavy dependence of people on agriculture by providing them jobs in secondary and tertiary sectors.
- Countries that transform their raw material into a wide variety of finished goods of five value are prosperous.
- Export of manufactured goods expand trade and commerce and brings in much needed foreign exchange.
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