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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:
Assertion (A): Economy cannot develop without industrial development.
Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.
- a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
- b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).
- c)Assertion (A) is true but reason (R) is false.
- d)Assertion (A) is false but reason (R) is true.
Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) ...
Economic growth without development. It is possible to have economic growth without development. Economic growth may only benefit a small % of the population. For example, if a country produces more oil, it will see an increase in GDP.
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Directions: In the following questions, a statement of assertion (A) ...
Assertion (A): Economy cannot develop without industrial development.
Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.
The correct answer is option 'A'. Let's understand the explanation for this choice:
Explanation:
Industrial development is crucial for economic growth:
- Industrial development plays a pivotal role in the overall growth and development of an economy. It is the foundation for economic progress and prosperity.
- Industries contribute significantly to the GDP (Gross Domestic Product) of a country. They generate wealth and increase production levels, which in turn boosts economic development.
Employment generation:
- Industrial development creates numerous job opportunities, leading to high rate of employment. Industries require labor at various skill levels, providing employment to both skilled and unskilled workers.
- The growth of industries leads to the creation of new businesses and expansion of existing ones, resulting in the need for more workforce. This reduces unemployment levels and contributes to economic development.
Reduction in poverty:
- Industrial development can help alleviate poverty in an economy. It provides income-generating opportunities for individuals and households, allowing them to improve their living standards.
- By creating jobs, industries enable people to earn a steady income, which helps in reducing poverty levels. Increased income leads to improved access to basic necessities, healthcare, education, and other essential services, thereby lifting people out of poverty.
Interdependence of industrial development and economic growth:
- Industrial development and economic growth are closely interconnected. Industrial development drives economic growth, and economic growth, in turn, supports further industrial development.
- The growth of industries leads to increased production and productivity, which boosts economic output and stimulates overall economic development.
- The revenue generated from industries, through taxes and other contributions, can be used by the government to invest in infrastructure, social welfare programs, education, and healthcare, further promoting economic growth.
Conclusion:
- Based on the above explanation, it can be concluded that the assertion (A) is true. Economy cannot develop without industrial development as it plays a critical role in creating employment opportunities and reducing poverty levels in the economy. The reason (R) provided also correctly explains why industrial development is essential for economic growth.
- Therefore, the correct answer is option 'A' - Both assertion (A) and reason (R) are true, and reason (R) is the correct explanation of assertion (A).
Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.
The correct answer is option 'A'. Let's understand the explanation for this choice:
Explanation:
Industrial development is crucial for economic growth:
- Industrial development plays a pivotal role in the overall growth and development of an economy. It is the foundation for economic progress and prosperity.
- Industries contribute significantly to the GDP (Gross Domestic Product) of a country. They generate wealth and increase production levels, which in turn boosts economic development.
Employment generation:
- Industrial development creates numerous job opportunities, leading to high rate of employment. Industries require labor at various skill levels, providing employment to both skilled and unskilled workers.
- The growth of industries leads to the creation of new businesses and expansion of existing ones, resulting in the need for more workforce. This reduces unemployment levels and contributes to economic development.
Reduction in poverty:
- Industrial development can help alleviate poverty in an economy. It provides income-generating opportunities for individuals and households, allowing them to improve their living standards.
- By creating jobs, industries enable people to earn a steady income, which helps in reducing poverty levels. Increased income leads to improved access to basic necessities, healthcare, education, and other essential services, thereby lifting people out of poverty.
Interdependence of industrial development and economic growth:
- Industrial development and economic growth are closely interconnected. Industrial development drives economic growth, and economic growth, in turn, supports further industrial development.
- The growth of industries leads to increased production and productivity, which boosts economic output and stimulates overall economic development.
- The revenue generated from industries, through taxes and other contributions, can be used by the government to invest in infrastructure, social welfare programs, education, and healthcare, further promoting economic growth.
Conclusion:
- Based on the above explanation, it can be concluded that the assertion (A) is true. Economy cannot develop without industrial development as it plays a critical role in creating employment opportunities and reducing poverty levels in the economy. The reason (R) provided also correctly explains why industrial development is essential for economic growth.
- Therefore, the correct answer is option 'A' - Both assertion (A) and reason (R) are true, and reason (R) is the correct explanation of assertion (A).
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Economy cannot develop without industrial development.Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
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