explain the importance of manufacturing sector in the economic development of country
Answers
Answer:
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Explanation:
Manufacturing has traditionally played a key role in the economic growth of developing countries. It has been argued in recent years that the importance of manufacturing has diminished over the last 20-25 years, resulting in premature deindustrialization or non- industrialization in developing countries.
Answer:
manufacturing sector is also called industrial sector in this sector raw materials are changed into final product.
importantance of this sector
1)it contributes more than 20. percent in the DGP
2) it provides employment to the people
3)it provides final goods to the people
4)the secondary sector promotes the development of primary and tertiary sectors
5 )this sector helps in the development of country