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CBSE Class 11 Economics

Sujoy Das

24/02/2018 2 0

QUESTION

Expansion of one industry facilitates the expansion of the other.How economic growth can become a dynamic process and a self-propelling activity of change?

ANSWER

Availability of proper means of transport and communication, ample sources of energy and a developed system of banking and finance generate an environment of inter-industrial linkages.
In this situation, expansion of one industry facilitates the expansion of the other. Accordingly, growth becomes a dynamic process and a self propelling activity of change.

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