Assertion : The Economic strength of the country is measured by the development of the manufacturing Industries. Reason: India"s prosperity lies in diversifying its manufacturing Industries.
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Reason: India"s prosperity lies in diversifying its manufacturing ... by the development of the manufacturing Industries.
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Both assertion and reason are true but the reason is not the correct explanation of assertion.
- The growth of a nation's manufacturing industries can be used to gauge its economic strength because they frequently result in employment, income creation as well as the advancement of technology.
- However, other elements, including the service sector, agriculture, and natural resources, also play a big part in determining a country's economic success.
- Industries produce a wide range of goods, reducing the need for agriculture among the populace. Also, manufacturing exports boost the economy's overall worth.
- It is also crucial to take into account other areas of the economy as well as elements like infrastructure, education, and human capital. India's prosperity does, in fact, lay in the diversification of its manufacturing businesses.
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