What is the meaning of a manufacturing industry?why is it considered the backbone of economic development?give any four reasons?
Answers
Answered by
99
hey mate here is your answer...
.....
manufacturing industries means those industries which processed down raw material into goods by using appropriate technology...
it is considered as backbone because of the following reasons......
1. it creates employment.
2. helps primary sector.
3. helps territory sector to become more useful.
4. helps to more export.
...............
hope it will help you my dear friend plz mark it as brainliest I need it.
.....
manufacturing industries means those industries which processed down raw material into goods by using appropriate technology...
it is considered as backbone because of the following reasons......
1. it creates employment.
2. helps primary sector.
3. helps territory sector to become more useful.
4. helps to more export.
...............
hope it will help you my dear friend plz mark it as brainliest I need it.
Answered by
25
Definition of Manufacturing Sector :
Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing.
It is considered as backbone of development because:
(i) It not only helps in modernising agriculture but also forms the backbone of our economy.
(ii) Industrial development is a precondition for eradication of unemployment and poverty from our country.
(iii) Export of manufactured goods expands trade and commerce.
(iv) Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous.
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