Social Sciences, asked by Manishpp, 1 year ago

what is your opinion about the domestic investment In projects? present your logic

Answers

Answered by alinakincsem
90
Domestic investments in projects is investing in the local/domestic industry rather than the international industry/market. Domestic investment is important, however being involved in international market is essential too.

In order to develop and establish the local market/industry it is important to invest in that. For example, India is an agricultural country, which requires investment in the agricultural sector in order to produce export quality goods and create trade. This would increase the gross domestic product as well.

Yet, in order to invite more international goods and services in the country, international investment is important too. It allows the country to maintain international relations and globalize.
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