Social Sciences, asked by cococola, 1 year ago

"The economic strength of the country is measured by the development of manufacturing industries".Support the statement with argument.

Answers

Answered by Chiranjeeb
39
1- Industrial development has contributed to the eradiction of poverty and unemployment.
2- Export of manufactured goods add value to the economy.
3- Industries utilise primary materials and convert them into articles of utility thus adding value to rawaterials.

Chiranjeeb: thank ewwww
Answered by sk00802152
51
Manufacturing sector is considered to be  the backbone of economic development:

a.  Manufacturing industries  helps in modernizing agriculture.

b. They create job opportunities in secondary and tertiary sectors.

c. This sector helps in reducing poverty, creates employment opportunities and helps in bridging regional disparities.

d. Export of manufactured goods expands trade and commerce, and brings in foreign capital.

e. This sector transforms raw materials into finished products creating more choices for the consumers and a more prosperous society.

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sidhu109: Nic
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