Consider the following statements.
Assertion (A): Industrialization of an economy is considered synonymous with growth.
Reason (R): The transfer of resources from agrarian to industrial may be capital or labour or both.
A. Both (A) and (R) are true and (R) is correct explanation of (A)
B. Both (A) and (R) are true, but (R) is not the correct explanation of (A)
C. (A) is true, but (R) is false
D. (A) is false, but (R) is true
Answer: Option B
This Question Belongs to Commerce >> Business Environment And International Business
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