Question

Industries are the backbone of an economy. Justify the statement​

Answer 1

Answer:

yes

Explanation:

Because,industry's gave life to many people through employment.and many people worked in industry's and fulfil theirs basic needs and many products we're using daily are made in industry's and company's.our Indian first five years plan also focused on industry's.and they are very helpful to the economy of the country

Answer 2

Explanation:

Manufacturing industries are considered the backbone of a country’s economic development due to the following reasons:

1. Apart from modernising agriculture by manufacturing various agricultural tools, they have reduced the heavy dependence of the people on agriculture.

2. They have helped in the reduction in poverty and unemployment in the country by providing job opportunities to millions of people.

3. Manufacturing industries have brought in much needed foreign exchange by exporting goods.

4. These industries by transforming raw materials into into finished goods

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