what is manufacturing ?why is manufacturing sector considered as backbone of economic development of the country explain two reasons.
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Manufacturing
It is the process of transforming raw materials into finished goods for products.
Manufacturing sector is considered as the backbone of economic development of country because of following reasons:-
- It provides employment to a large number of people.
- It also makes country economically sound.
- it help in export of goods and earns a valuable foreign exchange...
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Answered by
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Answer:
The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons:
(1) Manufacturing sector helps in modernising agriculture which increases agricultural productivity.
(2) The export of manufactured goods expands trade and commerce
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