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which was a main benefit of industrialization

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by (22.4k points)

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.

0 votes
by (49.7k points)
The main benefit of industrialization is increasing the income and have more benefits from our resources .

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