define manufacturing sector. why it is said as a backbone of development
sanjeevkush:
follow me please
Answers
Answered by
1
hey mate here's ur ans:
Definition of Manufacturing Sector:
Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing.
It is considered as backbone of development because:
(i) It not only helps in modernising agriculture but also forms the backbone of our economy.
(ii) Industrial development is a precondition for eradication of unemployment and poverty from our country.
(iii) Export of manufactured goods expands trade and commerce.
(iv) Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous.
Definition of Manufacturing Sector:
Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing.
It is considered as backbone of development because:
(i) It not only helps in modernising agriculture but also forms the backbone of our economy.
(ii) Industrial development is a precondition for eradication of unemployment and poverty from our country.
(iii) Export of manufactured goods expands trade and commerce.
(iv) Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous.
plz mark it as brainlist if u satisfied frm my ans
Answered by
1
The secondary sector is also known as the Manufacturing sector. It is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.
Due to following reasons manufacturing sector is considered the backbone of economic development of the country -
(i) Manufacturing industries help in modernising agriculture. For example, industries providing fertilisers machinery have given a major boost to agriculture by raising its productivity.
(ii) Industrial development is required for eradication of unemployment and poverty. An example is the establishment of industries in tribal and backward areas, which bring down regional disparities.
(iii) Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous. For example, USA.
Plzz read the whole.... I'm sure you will understand......
Plzzzzz mark it as the brainliest!!!!
Due to following reasons manufacturing sector is considered the backbone of economic development of the country -
(i) Manufacturing industries help in modernising agriculture. For example, industries providing fertilisers machinery have given a major boost to agriculture by raising its productivity.
(ii) Industrial development is required for eradication of unemployment and poverty. An example is the establishment of industries in tribal and backward areas, which bring down regional disparities.
(iii) Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous. For example, USA.
Plzz read the whole.... I'm sure you will understand......
Plzzzzz mark it as the brainliest!!!!
Similar questions