Question

Give reasons why is manufacturing industry sector considered the backbone of economic development

Answer 1

Hi..

it is because:-

▪ it provides employment
▪ it removes poverty
▪ it helps in growing of primary sector
▪ it attracts foreign investments


#tq

Answer 2

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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:

• It not only helps in modernising agriculture but also forms the backbone of our economy.
• Industrial development is a precondition for an eradication of unemployment and poverty from our country.
• Export of manufactured goods expands trade and commerce.
• Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous.