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specific roles of industry

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What is the role of industrial sector in development?

specific roles of industry


Give the importance of small and medium scale industries?

Small and Medium-scale industries (SMIs) can play an important role in the process of a country's industrial and economic development. In particular, SMIs can make significant contribution to achieve social and economic objectives such as labour absorption, income distribution, rural development, poverty eradication and balanced economic growth. The agricultural industrial sector plans stresses the need for a self reliant approach to development.


Role of entrepreneurship development in economic of Bangladesh?

Role of entrepreneurship development in economic of Bangladesh?


The role of world bank in the economic development of Pakistan?

role of world bank in economic development of pakistan


The role of capital markets in the economic development of Pakistan?

role of capital and money markets in the economic development of Pakistan


The role of the private sector financing in tourism development?

poita!


What is industrial entrepreneurship?

Industrial entrepreneurship involves the establishment and management of businesses within the industrial sector, focusing on the production of goods and services. It emphasizes innovation, efficiency, and the application of technology to improve processes and products. Industrial entrepreneurs often seek to address market needs, create jobs, and drive economic growth by leveraging resources and expertise in manufacturing and production industries. This type of entrepreneurship can play a key role in advancing industrial development and competitiveness.


How did the industrial revolution affect economic thought?

The Industrial Revolution led to the emergence of new economic theories such as classical economics, which emphasized market forces, labor specialization, and the importance of industrial production. It also sparked debates on capitalism, socialism, and the role of government in regulating the economy. Overall, the Industrial Revolution significantly influenced the development of modern economic thought.


What is the secondary sector of Argentina?

The secondary sector of Argentina encompasses industries involved in manufacturing, construction, and processing of raw materials. This sector plays a significant role in the country's economy, contributing to GDP and employment. Key industries include food processing, automotive manufacturing, textiles, and construction, which utilize Argentina's agricultural and mineral resources. Despite facing challenges like economic fluctuations and global competition, the secondary sector remains vital for national development and industrial growth.


Does the coal industry belong to the secondary economic sector?

Coal belongs in the secondary economic sector because it provides energy for the primary sector. It plays a huge role in producing electricity for other businesses and homes.


What are the Role of commercial banks in economy development of Afghanistan?

what is banking role in afghanistan economic development


What is the role of a government in a laissez faire economic system?

the fact that they are "laissez-faire" does not mean that they are merely for show, they still run the country, making important decisions to further the counties industrial, technological and economic development.