Social Sciences, asked by mohdsaluddin98100, 6 months ago

how does market availability help in the development of industries?thin&write!​

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Answered by balodiaashok
14

Answer:

a growth industry is that sector of an economy which experience a higher than average growth rate as compared to other Sector growth industries are often new Industry that did not exist in the past their growth is a result of new products or services offered by companies in the field is an example of a Growth industry is the technology those products has become run away hits with consumer and led to multi-million dollar valuation for tech companies in the stock market.

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Answered by Snowheaven
12

Answer:

The most important role in the development of industries is that of the market. Consumption of finished goods requires a market and if the industry is established close to the market, the finished goods can be easily transported to the market in a short time.

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