Question

Which industry is often referred to as the backbone of economic development and why?

Answer 1

Answer:

Basically, Iron and Iron Ore industry is known as the backbone of Economic Development. It is because maximum amount of material is made up of at least 20% to 40% is made up of iron only and also some other material are mixed with it to make it proper shine,malleable. Also Iron is konwn for its streangth .

Explanation:

Answer 2

Answer:

Steel is called the backbone of the modern industry because almost everything we use is either made of steel or has been made with machinery or tool made out of steel. The steel industry is basically the feeder industry, whose products are the raw materials for other industries.

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