Social Sciences, asked by satyavika, 1 year ago

how is manufacturing sector considered as the backbone of economic development of a country

Answers

Answered by Manashi
2
Without manufacturing sector the other sector will not be able to work.. No work means no money as income, which will directly affect the GDP of the country.
Answered by BrainlyPARCHO
0

 \large \green{  \fcolorbox{gray}{black}{ ☑ \:  \textbf{Verified \: 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:

  • 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.
Similar questions