Question

Strength of country is measured by the development of manufacturing industries support answer

Answer 1

The economic strength of a country lies in thedevelopment of manufacturing industries because

(a) Manufacturing industries help in modernisingagriculture which forms the backbone of oureconomy.

(b) It reduces the heavy dependence of people onagriculture sector and creates jobs in secondary andtertiary sectors.

(c) It is necessary for the removal of unemploymentand poverty.

(d) It brings down regional disparities.

(e) Export of manufactured goods expands trade andcommerce and enhances prosperity.

(f) It brings much needed foreign exchange.