explain the factors that affect the location of industries. why is manufacturing sector considered as the back bone of econmic development? explain.
Answers
Answered by
0
Answer:
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:
1) It not only helps in modernising agriculture but also forms the backbone of our economy.
2) Industrial development is a precondition for an eradication of unemployment and poverty from our country.
3) Export of manufactured goods expands trade and commerce.
4) Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous.
Similar questions