Question

Production and consumption of steel is often regarded as index of country development.Why?

Answer 1

Ans ➡️

(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.

Hope this helps you ☺️☺️⭐✨✨⭐✌️✌️