Why is industry more important than agriculture?

J. L. Nehru observed in 1963 that agriculture is more important than industry as industry depends on agriculture. Agriculture is also dependent on industry for the supply of materials for building up social and economic overheads in the agricultural sector.

Why is industry important to the economy?

The industry is a fundamental activity in the economy of any country, and it’s responsible for the processing and the transformation of natural products (raw materials) into other finished and semi-finished products.

Why is industry important for the country?

Industrial Sector is of great importance for economic development of country. Industrial development plays a pivotal role in economic uplift. It raises the productive capacity of the people and creates ever-increasing employment opportunities.

Why is industrialization so important?

The process has improved productivity and allowed for mass production, which has increased standards of living. Through industrialization, we have seen more goods produced in less time, increased time for recreation and leisure, and an increase in real incomes.

What is difference between industry and agriculture?

Agriculture includes cultivation and allied operations. Industry includes all manufacturing activities. Agriculture is the source of raw material to industry. Industry processes the raw material from agriculture into finished products.

How does industry help agriculture?

Industries help agriculture in the following ways : They provide seeds of better quality. They provide fertilizers. They help in developing irrigation facilities, They provide pesticides.

Why is development of agriculture and industry important for our country?

The agriculture sector is the backbone of an economy which provides the basic ingredients to mankind and now raw material for industrialisation. Raising supply of food by agricultural sector has, therefore, great importance for economic growth of our country.

Why is the manufacturing industry so important to developing countries?

Manufacturing promotes broader development objectives Using income growth as an indicator of poverty reduction, growth in manufacturing (and services) has a stronger impact relative to agriculture for the bottom 40 per cent of the income distribution.

Why is agriculture useful for our manufacturing industries?

#1. It’s the main source of raw materials Many raw materials, whether it’s cotton, sugar, wood, or palm oil, come from agriculture. These materials are essential to major industries in ways many people aren’t even aware of, such as the manufacturing of pharmaceuticals, diesel fuel, plastic, and more.

What is agriculture and its importance?

Agriculture is important to human beings because it forms the basis for food security. It helps human beings grow the most ideal food crops and raise the right animals with accordance to environmental factors.

What is the economic importance of Agriculture?

Agriculture plays a critical role in the entire life of a given economy. Agriculture is the backbone of the economic system of a given country. In addition to providing food and raw material, agriculture also provides employment opportunities to very large percentage of the population.

Why is farming important in America?

4 Reasons Our Farmers Are Important Local Economic Power: Farming is a huge boon to our local economy. Food Power: The healthy way to eat is fresh fruits, vegetables and proteins which are grain fed and raised in humane conditions. Woman Power: More than a million farms are owned by women, which equals out to 30\% of all farms.

What is the future of farming?

The future of farming Feeding the world. Tom Heilandt, Secretary of the CODEX ­Alimentarius Commission – responsible for setting international food safety and quality standards and one of two standards-setting bodies under the aegis Dawn of hi-tech farming. Precision pays. Seeing is believing. A smart future.