Question

The economy of a country depends on the industries it has. The more industries a country has the more economically rich and stable it is. Why do you think so??Please give a long answer
Please answer fast ...thanks

Answer 1

it is because the economic development of a country is assessed by the development of its industries .conversion of raw materials such as agro products,crude oil,metallic and non-metallic minerals etc into usable commodities require a strong industrial base within the country .the quality and  quantity of industrial output not only determines the self sufficiency of a country's requirement to a great extent but is also capable of bringing in the much needed foreign exchange earnings for its overall economic growth ..