Which of the following factors is considered crucial for industrialization in the modern sector? A) Investment in labor-saving technologies B) High agricultural wages C) Increased... Which of the following factors is considered crucial for industrialization in the modern sector? A) Investment in labor-saving technologies B) High agricultural wages C) Increased exports of agricultural products D) Constant wage in competitive labor markets
Understand the Problem
The question is asking to identify which factor is deemed essential for industrialization, particularly in the modern sector. It presents multiple-choice options and requires evaluating the significance of each factor in relation to industrial advancements.
Answer
A) Investment in labor-saving technologies.
The final answer is A) Investment in labor-saving technologies.
Answer for screen readers
The final answer is A) Investment in labor-saving technologies.
More Information
Investing in labor-saving technologies is crucial for industrialization as it leads to economic growth, technological innovation, and a more efficient division of labor. These technologies free up labor and resources, allowing for growth in other sectors.
Tips
Confusing increased agricultural exports and wages with factors of industrialization; these factors apply more to agricultural or economic stability contexts rather than industrial growth.
Sources
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