Question

why are manufacturing industries considered as the backbone of the economic development of a country

Answer 1

The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons:

(i) Manufacturing sector helps in modernising agriculture which increases agricultural productivity.

(ii) Since a huge portion of India's population is dependent upon agricultural income, the manufacturing sector diminishes the heavy dependence of people on agriculture and provides jobs to a large number of people in the industrial as well as the service sectors.

(iii) It reduces poverty as well as unemployment from the country. The development of the manufacturing sector also aims to minimise regional disparities by setting up industries in tribal and backward regions of the country.

(iv) The export of manufactured goods expands trade and commerce.

(v) The export of a wide variety of manufactured goods to other countries also brings in foreign exchange which leads to economic development of the country.


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Answer 2

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.