Maharashtra State BoardHSC Commerce 11th
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Identify and explain the concepts from the given illustrations: Kusumtai knowingly set up her business enterprise in the rural area so that people living there could be gainfully employed. - Economics

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One Line Answer

Identify and explain the concept from the given illustration:

Kusumtai knowingly set up her business enterprise in the rural area so that people living there could be gainfully employed.

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Solution

A. Identified concept: Rural industrialization.
B. Explanation of concept: Rural industrialization is a strategic process of establishing industries in rural areas to generate employment opportunities in rural areas Which in turn, leads to economic growth and development of the country.
Concept: Rural Development in India
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APPEARS IN

Balbharati Economics 11th Standard HSC Maharashtra State Board
Chapter 5 Rural Development in India
Exercise Q.4 | Q 1 | Page 35
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