Question

production and construction of stelel is often regarded as the index of a country's development? explain

Answer 1

GOOD MORNING

yes, we meaaure production and construction of steel as the economic index of a country and that's because steel is the most abundant raw material used for making other machinery tools and alsoit is exported and imported to countries in a huge quantity.hence it can be served as the economic index of a country..

Hope it helps....

ThAnK YoŪ

Answer 2

Answer:

(i) Steel production is the backbone of any country's economy since it is the basic unit for the development of the nation.

(ii) Almost every industry depends on iron and steel for its manufacturing and production.

(iii) In today's era of globalisation, consumption of goods is increasing. Thus, it can be concluded that growth in production of steel is regarded as the index of country's development.