Industrial development is described as what?

Prepare for the IGCSE Addressing the Development Gap Test. Use flashcards and multiple choice questions with explanations and hints to enhance your understanding. Ensure success on your exam!

Multiple Choice

Industrial development is described as what?

Explanation:
Industrial development means the expansion of manufacturing and industry as a driver of economic growth, creating jobs and raising incomes. As factories multiply and production uses more machinery, more people are employed and wages rise, which boosts overall living standards and GDP. This is distinct from simply expanding the service sector, which focuses on services rather than manufacturing. It’s also not about population growth, a demographic change, and certainly not about a decrease in manufacturing, which would oppose true industrial development.

Industrial development means the expansion of manufacturing and industry as a driver of economic growth, creating jobs and raising incomes. As factories multiply and production uses more machinery, more people are employed and wages rise, which boosts overall living standards and GDP. This is distinct from simply expanding the service sector, which focuses on services rather than manufacturing. It’s also not about population growth, a demographic change, and certainly not about a decrease in manufacturing, which would oppose true industrial development.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy