1.

What is the impact of industrial development on revenue?

Answer»
  • When goods made in factories and exported to other countries, we get revenue. 
  • A few decades before, three-fourths of income from goods exported from manufacturing industries alone. 
  • Even today, nearly two-third of goods exports is contributed by industries and particularly small industries. 
  • Factory goods exported range from gems, jewellery, chemicals, cars, machinery, cashewnuts, etc. 
  • The money or foreign exchange earned in this process enable us to import from other countries a large number of goods that we want from other countries.


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