industry makes things that can be used within the country and sold to other countries for goods that are not locally or locally economically available. if a country does not have an industry then it will not generate the interest necessary to take advantage of the advances made in other countries which in turn leads to ignorance poverty and religious fundamentalism.
Creat jobs
GDP increase
standard living increase
increase competion
more tax to govt.
A country sell its products to buy another products that it doesn't produce.
Moreover, a country grants employments for its people. Industries are the main basis of the world economy.
Because industry is the only place where there are a large no. of sellers selling a large quantity at a fixed price so the industry earning max. profits and cotributing to economic growth.
Britain's most important industry is the pharmaceutical industry. This industry plays a major role in the economy of the country.
It is the back bone of country
Foreign Exchange student programs are important to a country because it gives students opportunities that might not exist in their home country. Foreign Exchange of currency is important for the tourist industry and the trade industry.
Chickens are an important source of nutrition, making it a popular food item in many countries. Thus, chickens can be an important industry within that country.
what is the handicraft industry contriduteto the aconomics of country
it is important for a country develop as much industry
it is important for a country develop as much industry
it is important for a country develop as much industry
Britain's most important industry is the pharmaceutical industry. This industry plays a major role in the economy of the country.
it is important for a country develop as much industry
It is the back bone of country
it is important for a country develop as much industry
it is important for a country develop as much industry
Agriculture is the most important industry, its the base of every industry and society. The goverment of every country understands this and give subsidies to encorage it.
Hospitality industry is one of the most important industry in the growth of the country's economy as it fulfil the needs of the people from the rural parts to the most rich classes of the country.
Mining is an important industry in Peru and Chile.
China was especially important to this industry in the 1990s