Q2 of 33 Page 51

State whether the following statements are true or false. Correct the incorrect statements.

Small and medium industries of the country are harmful to heavy industries.

False


Small and medium industry cannot be harmful to the heavy industry in a country. This is because the heavy industrial output will be larger and it grows faster than the small and medium industries due to huge investment and technological advancement.


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The level of industrialization is an indicator of the economic development of a country.

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The aim of the industrial development corporation is to decentralize industrialization.