Question

“Manufacturing sector is considered as the backbone of economic development of a

country.” Support the statement with examples.​

Answer 1

Answer:

The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons: (i) Manufacturing sector helps in modernising agriculture which increases agricultural productivity. ... (ii) The export of manufactured goods expands trade and commerce.

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.