"manufacturing industries are the true reflector of economic prosperity of a country." explain
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Answer:
Step-by-step explanation:
The economic strength of a country is measured by the development of manufacturing industries. ... Manufacturing industries assist in modernising agriculture and it reduce the heavy dependence on agricultural productivity. It generates more employment opportunities and removes unemployment and poverty level in our nation......
Manufacturing sector is considered as the backbone of development.
All round development depends on industries.
Industries help in modernising agriculture.
Reduce the heavy dependence of people on agricultural income by providing them jobs.
Industrial development is a precondition for eradication of unemployment and poverty from the country.
It was aimed at bringing down regional disparities.
Expansion of manufactured goods.
Trade and commerce brings in much needed foreign exchange.
India’s prosperity lies in increasing and diversity of its manufacturing industries as quickly as possible.
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Industrial development is recognised as a yardstick for measuring the economic development of a Country.
Manufacturing Industries are very important for a developing nation Like A India with an existing problem of huge population,unemployment,poverty Because :-
(i) The manufacturing process transform natural.
(i) It generates scope for employment and increases national earnings through local and foreign trade.
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