They also create visually appealing designs that can stand the test of time and ensure that the product is ergonomically suited to fit the user, including how they will functionally relate, interface or live with the … The lack of government support to the industrial sector was considered as an important cause of underdevelopment. It increases the income of people. Impact of Industrial Sector on Nigeria Economic Growth 1981-2016 PDF. We need you to answer this question! industrial sector Classification of the (changing) composition of economic activities with the passage from early to late industrialization. Industrial designers develop aspects of a product that create emotional connections with the user. services are of prime importance to industrial consumers. The IIP is estimated and published on a monthly basis by the Central Statistical Organisation (CSO) . hey mate here is your answer about the importance of industrial sector:- this sector increases employment.
It increases our living standards; it helps in development of other sectors. The Industrial sector was extremely underdeveloped with very weak infrastructure. The paper addresses the prevailing problems, prospects and challenges of industrialization in Bangladesh and some policy recommendations are highlighted. They integrate all aspects of form, fit and function, optimising them to create the best possible user experience. Index of Industrial Production (IIP) is an index that shows the performance of different industrial sectors of the Indian economy. It helps in agricultural development. The Government of Bangladesh has taken steps to facilitate the industrialization in Bangladesh.
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The structure and concentration of ownership of the industries were in few hands. Introduction: These ratios refer to the development of the industrial sector in the Kingdom and the diversity of the local industrial base, which contribute to the strength and solidity of the Saudi economy, in addition to the leading role played by the institutions concerned with industrial development, mainly the Saudi Industrial Development Fund. What are the importance of having an industrial sector?
Industrialisation plays a significant role in economic development of any nation.