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State the statement is true or …

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State the statement is true or false Agriculture and industrial sector are complementary to each other

Posted by Nandini Gupta 1 year, 9 months ago

CBSE > Class 12 > Economics

2 answers

Preeti Dabral 1 year, 9 months ago

Both the agriculture sector and the industrial sector are mutually dependent on each other. Agriculture is dependent on industry for the supply of materials for building up social and economic overheads in the agricultural sector.
Further, many raw materials and inputs used in industrial production, e.g., cotton, jute, sugarcane, tobacco, etc., is supplied by the agricultural sector. 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.

Ansil Mathew 1 year, 9 months ago

Yes

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