industrial development is the index of nation's progress? explain
Answers
Answered by
5
Answer:
Explanation:
The economic growth provided by industrial development is a well-sustained growth that can transform an economy. ... Industrial growth is often linked with higher wages The production that industry provides buts more money and more services for the economy leading to higher income per capita and more labor productivity.
Answered by
1
Industrial development is the index of nation's progress? explain
Explanation:
- The industries are the home to the nations or economic growth and development and this includes the building of the industries with an economy that includes the mass production and the technological advances and the other services due to the industrialization of the country and also is associated with the increase in the standards of the living and job growth and an increase on the productivity.
- And is important as it provides the endless opportunities to the growth of the advanced technological age and also provides a change to the environment be more rate of the growth and the development is the higher the demand of the consumer creates great demands of the products and the services etc.
- And provides more contribution to the government growth and business and the labor and technological investments and thus this form the index of the progress of the nation.
Know more about the industrial development is an index of the nation's progress.
- https://brainly.in/question/14955316 answered by Vashuyadav55
Similar questions