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What are industries and its importance |
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Answer» Economic activity concerned with the processing of raw materials and manufacture of goods in factories.IMPORTANCE OF INDUSTRY :-1. industries help in modernizing agriculture which forms the backbone of our economy. 2. industrial also reduces the heavy DEPENDENCE of PEOPLE on agricultural income by providing them jobs in secondary and TERTIARY sector. 3. Industrial Development HELPS in removal of unemployment and poverty. 4. it also aims at bringing down REGIONAL differences by establishing industry in backward areas. 5. export of manufactured goods expand trade and Commerce. |
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