Social Sciences, asked by AbdulBasit47, 8 months ago

WHY IS IT IMPORTANT FOR A COUNTRY TO HAVE INDUSTRIES? HOW DOES IT HELPS US?





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Answered by kishor9321
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Answer:

Industry development leads to reduction of imports and preserves foreign currency. If the industrial supply is good and qualitatively competitive it even earn foreign exchange. It also provides employment, which in turn creates demand. Demand leads to growth of more industry.

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