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With the advancement in industry over the years, many agrarian economies switched to industrialization to find better industrial solutions and also to strengthen their economies as industrialization is considered to be among major indicators that state the depth and strength of an economy. As compared to the past, where the agrarian economies were considered more powerful, in the current scenario this is actually the age of industry. Nations around the world are creating distinction on the basis of their grooming industry. As industry is a multi-pronged project and it provides diverse benefits to the people of the country.
Industry provides with all basic goods of life, it offers labor and earning to a large number of people, it strengthens the economy, and smart industrial solutions bring more power and strength in an economy. All the major powers in the world have made their mark through industrialization. One classic example is China. On the other hand the US is excelling in automobile, IT, arms and ammunition and all minor to major industrial sectors. These countries came with more feasible industrial solutions and they convinced the world in their supremacy. Industry can bring prosperity to the lives of nations on the whole with more comprehensive and holistic approach.