Why there is a need for industries in the world?
Answers
Answered by
1
Answer:
Following are the main advantages of industrial development : 1. Increase in Employment :- When the development of industrial sector the employment opportunities can increase and rate of unemployment can reduce. 2. Increase in GNP :- Due to the industrialization the production of the country increases.
Answered by
2
With the increasing population agriculture is unable to provide for employment. Hence it is very important to set up industries to absorb this surplus labor. Hence industries can solve the problem of unemployment. Industries are capable of utilizing all the resources present in the economy.
Hope it's helpful... ^_^
Similar questions