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(2) The level of industrialization is an indicator of the economic development of a country.
Ans.
Answers
Answer:
True
Explanation:
Level of industrialization shoes the level of economic development of a country. The higher the industrial development, higher the employment opportunities, higher income,higher development in technology etc.
therefore the industrial development reflects the economic development of a country.
Explanation:
The the establishment of industries and industrial development have an important role in the economic development of a country. Industrial development is essential for improving the standard of living and increasing the per capita income of the citizens. The citizens of a country get employment opportunities and their lifestyle improves. The per capita income of the country e goes off and there is is an increase in the export of finished products. This results in an increase in the foreign exchange reserves for all these reasons it is necessary to give a fillip to industrialization in a country. Hence the Government establishes industrial estate to boost industrial development and increase the employment opportunities in a region.