CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Expansion of one industry facilitates the expansion of the other. How economic growth can become a dynamic process and a self-propelling activity of change?

Open in App
Solution

Availability of proper means of transport and communication, ample sources of energy and a developed system of banking and finance generate an environment of inter-industrial linkages.

In this situation, expansion of one industry facilitates the expansion of the other. Accordingly, growth becomes a dynamic process and a self-propelling activity of change.


flag
Suggest Corrections
thumbs-up
3
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Understanding Human Capital
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon