Question

importance of industries

Answer 1

$\bf{\underline{\underline \blue{AnswEr:-}}}$

The importance of industries are:

• Most of the things we use in daily life at products of some kind of industry. That includes many food items, clothes, means of transport, tools and machines, and many other useful things such as medicine, books, toys, and so on. Thus, industries make goods available for our use. They also provide useful services such as banking, education and health care.

• Industries produce goods and services by using different resources as raw materials. Thus, they help in the proper utilisation of resources.

• Industries create jobs for people. This helps to increase their income. It also helps them save money and increase their wealth. So industries help people become richer.

• Industries improve people's standard of living (level of wealth and comfort). More industries give people more goods and services, and a wider variety to choose from. More industries also give people more money to buy the things they want. So, more industries help people live a better and more comfortable life.

• The products of some industries are used in other industries. For example, the tools and machines produced by some industries are use in agriculture and other industries. So industries improve agriculture and promote other industries.

• Some industries produced things that can be sold to other countries. They help increase the country's wealth.

• Some industries produce war machine such as guns and tanks. These are used for defending the country.

$\rule{200}{2}$