What are the different phases of industrial growth? Class 10
answer for 5 Marks only
and plz answer it correctly and fast
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What are the different phases of industrial growth? Class 10
answer for 5 Marks only
and plz answer it correctly and fast
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Answer:
The four phases of an industry life cycle are the introduction, growth, maturity, and decline stages. Industries are born when new products are developed, with significant uncertainty regarding market size, product specifications, and main competitors.