musondlovu1 musondlovu1

23-08-2021
Business

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

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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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