Axis
Banned
these two terms are closely related industrialisation and economic development.
we need to take note that industrialisation can be referred as the process in transforming an economy that deals in activities that concerns instruction into a manufacturing economy. and these poses a requirement of multiple firms which are capable of producing goods and services.
but how does economic development and industrialisation really related.
industrialisation provides many employment opportunities when the opportunities for employment is available this can improve the job acquisition and also standard of living in a particular country and when this is possible the economic will also develop as well. the existence of industrialisation can bring about development in technology in a particular country and we know that when a country technological sector is develop this brings about a development in the economy. a good economy consists of infrastructural development that is industrialization makes it possible for the infrastructure of facilities such as roads electricity by bong water and telephone and this brings about development in an economy.
and the existence of industrialisation in a country increase is the earning ability of a particular nation and when money flows in within a country this brings about economic development.
That is how industrialisation and economic development are related
we need to take note that industrialisation can be referred as the process in transforming an economy that deals in activities that concerns instruction into a manufacturing economy. and these poses a requirement of multiple firms which are capable of producing goods and services.
but how does economic development and industrialisation really related.
industrialisation provides many employment opportunities when the opportunities for employment is available this can improve the job acquisition and also standard of living in a particular country and when this is possible the economic will also develop as well. the existence of industrialisation can bring about development in technology in a particular country and we know that when a country technological sector is develop this brings about a development in the economy. a good economy consists of infrastructural development that is industrialization makes it possible for the infrastructure of facilities such as roads electricity by bong water and telephone and this brings about development in an economy.
and the existence of industrialisation in a country increase is the earning ability of a particular nation and when money flows in within a country this brings about economic development.
That is how industrialisation and economic development are related
