Write short note on the importance of industries.

1.	Write short note on the importance of industries.
Answer» The process in which man can change the natural resources into usable conditions according to his intellectual, cultural and economic capacity is called industry. Importance of Industries: In today’s time, the existence of nations largely depends on industries’. It is impossible for a nation to achieve economic development without developing its industries. The countries that have focused more on their industrial development have achieved high economic growth. Countries like US, Russia, Japan, South Korea, etc. are prosperous and developed due to their high industrial development. On the other hand, countries, where the industries are either not developed or are less developed, are not able to utilize their natural resources properly and fully.

Answer»

The process in which man can change the natural resources into usable conditions according to his intellectual, cultural and economic capacity is called industry. Importance of Industries: In today’s time, the existence of nations largely depends on industries’. It is impossible for a nation to achieve economic development without developing its industries. The countries that have focused more on their industrial development have achieved high economic growth.

Countries like US, Russia, Japan, South Korea, etc. are prosperous and developed due to their high industrial development. On the other hand, countries, where the industries are either not developed or are less developed, are not able to utilize their natural resources properly and fully.

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