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Define economies grow of less developed countries by developing its secondary sector.

Less developed countries economies grow by developing its industrialising:

Manufacturing has some advantages in securing economic growth over agriculture. Several less developed countries are seen as containing a comparative advantage in manufacturing that is labour intensive and need slow capital. For example textiles and canning fruit are suitable technology.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9580407

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