Question

explain the significance and role of the secondary sector as a tool in the economic development

Answer 1

The secondary sector of the economy converts raw material into finished goods. This sector includes manufacturing, processing and construction units.

Significance of secondary sector in Indian economy is as follows:

1)The national income is increasing due to increase in number of manufacturing units and increase in industrial production.

2)As number of industries is increasing in India, employment is also increasing.

3)Industrial sector has contributed much in creation of infrastructure by providing machinery and equipment needed to build infrastructure.

4)Today it is due to the secondary sector that a variety of goods are available to consumers at cheaper rates.


Economic development means over all development with increase in GDP and national income. Growing industrialization leads to economic development, due to development in industrial sector employment generates which leads to improvement in living standard of people and literacy rate, transportation, communication, equipment and machinery; infrastructure has also improved a lot due to industrialization and has contributed to economic development in India.

Answer 2

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