Economics Chapter 2 Part 8 Indian Economy 1950 1990 Industrial Development

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Economics(Class 11): High School Learning • Chapter 2 Part 8 Indian Economy (1950 -1990) - Industrial Development • Industrial Development 00:00:21 - 00:01:12 • *The Developing Countries like India can • progress only if they have a good Industrial • Sector. • Industry Provides Employment, which is more • stable than the Employment in Agriculture. • Industrialization promotes Modernization, • Role of Industrial Sector 00:01:13 - 00:01:55 • *Industrialization has a major role to play in Economic Development of a Country • *Industrially Advanced Countries are also Economically Developed • Importance of Industrialization 00:01:56 - • *Utilization of Natural Resources • *Balanced Regional Development • *Increased Capital Formation • *Increase in National Income • *Increase in Rate of Economic Growth • *Increase in Job opportunities 00:04:55 • *Helps in Development of Agriculture • *Important Instrument of Social Change • *Importance in Foreign Trade • *Self-Reliant Economy • Click here • Statistics for Economics Chapter 1 | ... for more videos on Economics (XIth Grade) • • Videos by Edupedia World(www.edupediaworld.com), • Online Education , • All Rights Reserved.

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