Name any five importance of industries
Answers
Answer:
Industries play an important role in the economic development of any nation . ... The various favourable factors present in the country for the development of industries are: The country is rich in natural resources, such as minerals, forests, fisheries, etc. required for the development of industries.
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IMPORTANCE OF INDUSTRY
IMPORTANCE OF INDUSTRY1. industries help in modernizing agriculture which forms the backbone of our economy.
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2. industrial also reduces the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sector.
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3. Industrial Development helps in removal of unemployment and poverty.
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4. it also aims at bringing down regional differences by establishing industry in backward areas.
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5. export of manufactured goods expand trade and Commerce.
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