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Why are economies developed of less developed countries by growing its secondary sector?

Economies cannot grow of less developed countries by developing its secondary sector since industrialisation may:

• As well bring raised negative externalities and also disrupt societies

• Unsuitable technology adopted for example steel works

• Capital-intensive industrialisation which replaces labour may attain growth but raise unemployment, inequality and poverty.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9580409

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