Inter-industry Relations

Inter-industry relations refer to the economic connections and exchanges between different industries within an economy. When one industry produces goods or services, it often relies on inputs from other industries—for example, manufacturing depends on raw materials like steel or rubber from different sectors. These interactions create a network of supply chains, affecting overall economic activity, employment, and growth. Understanding these relationships helps policymakers and businesses anticipate how changes in one industry can impact others, ensuring coordinated development and stability across the economy.