Economy, asked by Jessicataylor9544, 1 year ago

What is the meaning of a manufacturing industry?why is it considered the backbone of economic development?give any four reasons?

Answers

Answered by Abhaytomar11
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.
Answered by Anonymous
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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