"Agriculture and industry are complementary to …
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Yogita Ingle 5 years, 5 months ago
The following are the five main ways in which agricultural and industrial sector complements each other.
1. Raw material- Agriculture provides basic raw material to the industrial sector for example, cotton to a cloth industry, sugarcane to a sugar industry, etc. Industrial sector, in turn, provides the basic inputs to the agricultural sector. The industrial goods such as tractor, harvesting machines, fertilisers are a few basic inputs that are used by the agriculture sector.
2. Market- Agriculture sector provides market to the industrial sector. This implies that the people engaged in the agriculture sector consumes the products produced by the industries. To name a few products, these are soaps, fridges, televisions and a lots more.
3. Labour- Agriculture sector provides labour to the industrial sector. This can be put in different words as, the industrial sector provides employment to the excess labour (disguised unemployeds engaged) in the agriculture sector.
4. Wage goods- The most important support that agriculture provides to the industrial sector is the wage goods (or simply food grains). In simple words, agriculture sector feeds the industrial labourers, which keeps them healthy, thereby, more productive.
5. Mutual Dependence- Both the agriculture sector and the industrial sector are mutually dependent on each other. In case of good harvest, the farmers have high incomes, which they use to demand more industrial goods. For example, during good harvest, many farmers buy new televisions, mobiles, clothes, etc. Similarly, when the people engaged in the industrial sector experience good income, then they demand higher quantities of food grains, eat more fish, meat and drink milk.
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