Question

Waite the important of manufacturing industries​

Answer 1

Manufacturing supports an estimated 17.4 million jobs in the United States—about one in six private-sector jobs. ... Manufacturers in the United States are the most productive in the world, far surpassing the worker productivity of any other major manufacturing economy, leading to higher wages and living standards.

Answer 2

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Write the important of manufacturing industries.

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Manufacturing industries are important because:-

➡Manufacturing industries not only help in modernising agriculture, they also reduce the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.

➡Industrial development is a precondition for eradication of unemployment and poverty from our country. This was the main philosophy behind public sector industries and joint sector ventures in India. It was also aimed at bringing down regional disparities by establishing industries in tribal and backward areas.

➡Export of manufactured goods expands trade and commerce, and brings in much needed foreign exchange.

➡Countries that transform their raw materials into a wide variety of furnished goods of higher value are prosperous.