Manufacturing sector is considered the backbone of development in general and economic development in particular. Elucidate the statement.
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Dear brainly user! :)
Firstly, we have to know what is manufacturing sector:-
Manufacturing sector:-
Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing.
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- Manufacturing sector is considered the backbone of development in general and economic development
- 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.
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