"The economic strength of a country is measured by the development of manufacturing industries". Support the statement with arguments.
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The Economic Strength of a country is measured by the development of manufacturing industries because
:- it generate scope for the employment and increase national earning through local and foreigh trade and help in the development of whole nation.
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:- it generate scope for the employment and increase national earning through local and foreigh trade and help in the development of whole nation.
i hope this will help you
plz mark this brainlist question.
Answered by
6
Answer:
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.
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