441 views
which was a main benefit of industrialization
by

2 Answers

0 votes

The main benefits of industrialization are many, including:

-Increasing the capacity and competitiveness of local suppliers.

-Providing decent job opportunities in small and medium enterprises.

-Relieving pressure on the dollar and reducing dependence on hard currency.

-Reducing the product cost and lowering the selling price to the final consumer.

- Increasing the utilization of local manufacturing capabilities.

-Production of new products.

-Increasing the industrial sector's contribution to the GDP.

-High growth of the national economy.

by (22.4k points)
0 votes
The main benefit of industrialization is increasing the income and have more benefits from our resources .
by (128k points)

Related questions

0 answers
119 views
0 answers
110 views
0 answers
143 views
asked Mar 24, 2021 by asklent032021 (50.5k points)
0 answers
134 views
1 answer
328 views
1 answer
347 views
0 answers
200 views
1 answer
311 views
asked May 20, 2021 by Asklent052021 (59.1k points)
0 answers
172 views

Free Online Question and Answer Website

Are you curious? Get answers to your questions online. Share and spread your know-how through the best question and answer English Website. Join the free question-answer site today. Ask thought-provoking questions and get the answers from the experts. Select and choose topics of your choice. Create or join your own community.

Ask your question with your name or go anonymous. Become street smarter and join hands with likeable people.
Ask us any question and get instant help. You can learn and know anything about this platform.

The best answers will get a vote-up. Don't wait and sign up now? Explore a wide range of different questions and answers. Active users and regular readers will get benefited and also help us grow.

For any little concern, we are here. Get a quick fix answer for all your questions. We are happy to share. Asklent is a platform for helping each other.