Ask a Teacher
What is the importance of industries? |
Industry provides goods to consumers.Industry consumes raw materials which are sold by others and bought by the industrial complex as an activity of daily business.It results in employment for ancillary support services (hospitals, fire departments, state and local governments via taxation, infrastructure, and other businesses benefit by having goods and services for the people within the industrial complex who have wages providing them with money to spend on those goods and services. |