Modernisation is necessary increase in the country's capacity to produce the output of goods and services within the country. (True/ False)
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False.Explanation:
It is necessary to adopt new technology in order to increase production of goods and services. Adoption of new technology is called modernisation.
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Self-reliance refers to the utilisation of country's resources in order to promote economic growth and modernisation without using the resources imported from other countries. (True/ False)