Question

how can industrialization assist in bringing in foreign exchange

1) modernization of agriculture

2) removing dependence on agriculture by providing alternative employment

3) export of manufactured goods

4) import of manufactured goods ​

Answer 1

Answer:

The process of agriculture modernization includes mechanization and chemicalization. Mechanization comes with higher capital intensity whereas chemicalization implies that farmers adopt practices that increase the efficiency in the use of fertilizer and chemicals required to produce a certain level of output