musondlovu1
musondlovu1 musondlovu1
  • 23-08-2021
  • Business
contestada

how does an increase in income lead to the development of industries​

Respuesta :

shishamsharma
shishamsharma shishamsharma
  • 23-08-2021

Explanation:

industrialization increases workers' income, it also enhances their capacity to save. These voluntary savings stimulate economic growth. By cumulative effect, they eventually lead to the further expansion of industry.

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