Business Studies, asked by hardi3599, 1 year ago

What is industrialisation? Explain the role of industrialisation in economy development in india?

Answers

Answered by Vaibhavverma73
1

Hey mate!

I am here with your answer!

Industrialisation is the period of social and economic change that transforms a human group from an agrarian society into an industrial society, involving the extensive re-organisation of an economy for the purpose of manufacturing.

Hope this will help you!

Answered by Anonymous
22

Answer:

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What is Industrialisation

Industrialization is the process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods. Individual manual labor is often replaced by mechanized mass production, and craftsmen are replaced by assembly lines.

Explain the role of industrialisation in economy development in india

Industrial development helps in the rapid growth of national and per capita income. In India due to industrialisation, the contribution of industrial sector to GDP has gone upto 28.5% in 2000-01 and per capita income has risen to Rs. 16,486 in 2000.

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