Define the term industry.Which industry is often referred to as the backbone of modern
industry and why?
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Answer:
Iron and Steel Industry is often called the backbone of modern industry. Almost everything we use is either made of iron or steel or has been made with tools and machinery of these metals. Ships, trains, trucks, and autos are made largely of steel. Even the safety pins and the needles we use are made from steel.
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Definition:
economic activity concerned with the processing of raw materials and manufacture of goods in factories.
Iron and steel industry is often referred to as the backbone of modern industry because almost everything used by us is either made up of steel or is made by machines which are made up of steel.
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