AS business - chapters 1 and 2: advantages of industrialisation

Question

advantages of industrialisation

Freya Watson · Accepted Answer

total national output increases which raises standard of living, increasing output of goods can result in lower imports and higher exports of such products, expanding and profitable firms will pay more tax to the government

AS business - chapters 1 and 2

Advantages of industrialisation

Total national output increases which raises standard of living, increasing output of goods can result in lower imports and higher exports of such products, expanding and profitable firms will pay more tax to the government

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