What means industrial development?



industrial development means a development that involves a manufacturing or industrial process, and shall include, but is not limited to, electric power production, food and food by- product processing, paper production, agrichemical production, chemical processes, storage.

What is an example of industrial development?

Industrial Development = Modernization



To provide a few broad examples, the agriculture industry has improved greatly over the years with improvements to equipment such as tractors and harvesters, as well as products such as fertilizers and pesticides.

What is the purpose of industrial development?

Industrial development unleashes dynamic and competitive economic performance which generates income and employment, facilitates international trade and increases resource effi- ciency, and is thus a major driver of poverty alleviation and shared prosperity.

What are the types of industrial development?





What are Three Different Types of Industries – Primary, Secondary & Tertiary?

  • Primary industry. The primary industry includes the economy that utilises the natural resources of the environment like forestry, agriculture, fishing, and mining. …
  • Secondary industry. …
  • Tertiary industry.


What is another word for industrial development?

What is another word for industrial development?

automation development
industrialization mechanisationUK
mechanizationUS progress
economic development economic growth
mass production social change

What are the benefits of industrial development?

Advantages of industrialization:

  • Industrialization brought us the current import-export market. …
  • It allows us to become more productive. …
  • Industrialization makes goods and services more affordable. …
  • It improves the quality of life for each person and household. …
  • Industrialization enhanced our medical care.





What are the features of industrial development?

Positive Features of Industrial Growth during the Plan Period:

  • Significant Growth Rate: ADVERTISEMENTS: …
  • Increase in the share of Industrial Sector in National Income: …
  • Expansion of Public Sector: …
  • Strengthening of Industrial Base: …
  • Modernisation: …
  • Self-Reliance:


What is the first factor of industrial development?

The 6 important factors which are affecting the industrial productivity are 1) Government Policy 2) Quality of Human Resources 3) Availability of Finance 4) Technological Development 5) Natural Factors 6) Managerial Talent.

What is industrial development planning?

Definition. The process of making arrangements or preparations to facilitate the manufacturing, producing and processing of goods or merchandise.



Why is industrial important?

It raises the productive capacity of the people and creates ever-increasing employment opportunities. The people thus can have more goods and service: leisure and better health denied the previous generations. Industrial development reduces dependence on agricultural exports to earn badly-needed foreign exchange.

What are the 4 types of industries?

There are four types of industry, namely primary, secondary, tertiary and quaternary.

What are 3 types of industry?

In economics, industries are customarily classified as primary, secondary, and tertiary; secondary industries are further classified as heavy and light.

What impact did industrial development have on society?

Industrialization, along with great strides in transportation, drove the growth of U.S. cities and a rapidly expanding market economy. It also shaped the development of a large working class in U.S. society, leading eventually to labor struggles and strikes led by working men and women.

What are the disadvantages of industrial development?

What are the disadvantages of Industrialization?



  • Overcrowded Cities. …
  • Pollution is one of the major disadvantages of Industrialization. …
  • Poor Working Conditions. …
  • Poor Living conditions near factories. …
  • Rampant Consumption of fossil fuels.


What defines development?

Development is a process that creates growth, progress, positive change or the addition of physical, economic, environmental, social and demographic components.

Which industry is known as development industry?

The development industry involves international organisations, government departments, big international charities and social movements, who are all working to fight against the causes of poverty and inequality.

What is industrial development in geography?

Industrialization broadly refers to the transformation of agrarian-rural societies to industrial-urban societies that are dominated by manufacturing and services. The beginning of this transformation, conventionally referred to as the industrial revolution, is typically traced to the late 18th century in England.

What is the first factor of industrial development?

The 6 important factors which are affecting the industrial productivity are 1) Government Policy 2) Quality of Human Resources 3) Availability of Finance 4) Technological Development 5) Natural Factors 6) Managerial Talent.



What is industrial development planning?

Definition. The process of making arrangements or preparations to facilitate the manufacturing, producing and processing of goods or merchandise.

How do you develop an industry?

10 steps to developing an industry sustainability program

  1. Understand sustainability trends and best practices. …
  2. Consult and prioritize. …
  3. Develop sustainability vision or principles. …
  4. Get your house in order. …
  5. Develop tools and education programs. …
  6. Develop a plan, metrics and targets. …
  7. Develop industry code of practice.

Is a planned industrial development project?

A Planned Industrial Development is intended to accommodate creative and imaginative industrial development based on an approved comprehensive development plan for the site, which is designed to insure compatibility between the industrial operations therein and the existing activities and character of the community.