WHAT PLAYED THE CRUCIAL ROLE IN THE INDUSTRIALIZATION OF THE COUNTRY?
Answers
Answer:
Leading Sector to Economic Growth: Industrialization is considered crucial to development strategy as it lifts out stagnation. It brings forth both backward and forward linkage effort.
Synonymous to Industrialization: ADVERTISEMENTS: It comprises the development of industry, trade, transport, power, agriculture and mining etc. It leads to spectacular progress of all-round and raising the level of living.
Gainful Employment Opportunities: No wonder, industrial development can greatly increase gainful employment opportunities specially in less developed countries.
Raising Productivity: ADVERTISEMENTS: The modern industry can directly or indirectly helpful to
Explanation:
It compries the development of industry,trade,transport,power, agriculture and mining etc. it leads to spectacular progress of all-round and raising the level of living,In a way,real progess of an economy depends largely on industrialization.