Question

How industrialization leads to rapid economic development​

Answer 1

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The rapid development of capital goodsindustries promote the growth of agriculture, transport and communication. It also enables thecountry to produce a variety of consumer goods in large quantities and at low costs. It also eliminates our dependence on other countries for the supply of essential goods.

Answer 2

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Industrialization is the process by which economy moves from primarily agrarian production to mass produced and technologically advanced goods and services.

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