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Ans: Small Industry: In the industrial sector of Pakistan, a large number of people are associated with small industries. Small industry means that industry which employs 2 to 9 workers and manufactures different items. Related Questions: Who was appointed as the first civil martial law administrator of Pakistan? Q20. What is the importance of dairy … Read more
Ans: The Mineral Development Corporation was established for the purposes of development of mineral resources in Pakistan in 1974. Related Questions: Who was appointed as the first civil martial law administrator of Pakistan? Q19. Explain the uses and importance of animals like sheep and goats in Pakistan. Q20. What is the importance of dairy farming … Read more
Ans: Economic Progress/Economic Development: According to Professor Arthur Lewis The increase in the production of goods and services is … Read more
Ans: Difference between balance of trade and balance of payment: basis for comparison balance of trade balance of payment Meaning Balance of trade is a statement that capature the country export and import of goods with the remaining world Balance of Payment is a statement that keep track of all economic transaction done by the … Read more
Ans: Heavy Industries: Heavy industry is an industry that involves one or more characteristics such as numerous or heavy products, large and heavy equipment, huge buildings and large-scale infrastructure, complex or numerous processes. Due to these factors heavy industry consumes energy on large scale and depends more on machines than on human labour. Following are … Read more
Ans: Role of Industry in Economic Developments Pakistan, basically, is an agrarian economy, Experts believe that we can build a strong base for industry only by strengthening our agriculture sede, maller of the fact is that industrial development is in no way less importan then the development of agriculture sector, following are the reasons: Modem … Read more
Ans: Fisheries Industry: . Fishing and fish farming: Fishing and Fish farming industries are good source of foreign exchange earnings. These industries Provide employment to hundreds of thousands of labourers, and produce delicious and nourishing food.. A Fisheries Development Commissioner (FDC) oversees the matters relating to fishing and fish farming. This office is a subsidiary … Read more
Ans: Major Canals and Headworks of Pakistan: . The Bambanwaia-Ravi-Bedian-Canal (BRB) takes off from the Upper Chenab Canal near Bambanwala, village and ends up in the Sutlej near Kangan Pur. It was built in 1950, partly as a defense obstacle to prevent Invasion of Lahore by India. . The Marala-Ravi-Link-Canal was constructed in 1956. This … Read more
Ans: Steps towards solving problems of Agriculture: We in Pakistan, repeatedly claim that agriculture is the backbone of ou economy. Our govemments have always tried to solve the agricultural problems we are facing, some of these efforts proved fruitful, but the problems are growing fastly, and more efforts are required for their solution Given in … Read more
Ans: Problems Faced by Agriculture Sector: Our economy depends largely on agriculture sector. Large percentage of our population, which depends directly on agriculture, suffers from poverty due to unemployment or semi-employment. In comparison to developed countries, our agricultural produce is very low. Given below is a brief survey of the problems our agriculture sector is … Read more