State any three advantages of industrialization.
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The advantages of industrialization are given below:
- The growth of industries has resulted in large scale production of goods which are available to the consumer at much cheaper rates.
- There is saving of time and labor.
- Industrialization has resulted in a considerable rise in the standard of living of the people.
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The three advantages of industrialization are:
- Growth of industries leads to increase in production of goods and services which are available to people at cheaper rates.
- It reduces dependence on other countries and improves economy.
- It results in rising the standard of living.
- It creates new job opportunities helping in the removal of unemployment.
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