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Question
Answer the following question in three to four lines.
Write in your own words how industrial development impacts national development.
Solution
Industrial development impacts positively on the development of the economy. The industrial development will create more employment opportunity; when there are more employment opportunities, then there will be an increase in the overall income of the people. This increase in income will increase the standard of living of the community. Also, there will be technological and scientific development in the country due to the development of industrial units.
RELATED QUESTIONS
State whether the following statement is true or false. Correct the incorrect statement.
The aim of the industrial development corporations is to decentralize industrialization.
Explain the factors affecting industrial development.
State the advantages of the Maharashtra Industrial Development Corporation.
Give one reason to explain the following:
Location of sugar industry is shifting to the southern part of India.
