Question

Which of these are the benefits of industrialisation of an economy?

• A. Industries provide employment opportunities to people.
• B. Industries help increase the national and per capita incomes.
• C. Industries utilise natural resources to produce many essential and socially-important goods.
• D. Industries help in the development of rural livelihoods.

Answer 1

Answer: (A), (B), (C)

Industries utilise natural resources to produce many essential and socially-important goods.

Industries are required for the overall development of a nation. They help in providing employment opportunities, raising the national income, etc. The use of natural resources to produce goods not only helps the economy, but the export and import of finished goods or raw materials helps develop a relationship with other countries.