why are manufacturing industry important for the growth of a nation explain any three reason
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manufacturing industry is important for the growth of a nation because of these reasons:-
1. industries are considered as a yardstick for measuring the economy of a country
2. it affects the GDP of a nation
3. it enhances Global relation of a country
1. industries are considered as a yardstick for measuring the economy of a country
2. it affects the GDP of a nation
3. it enhances Global relation of a country
Answered by
2
manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation. The term may refer to a range of human activity, from handicraftto high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale. Such finished goods may be sold to other manufacturers for the production of other, more complex products, such as aircraft, household appliances, furniture, sports equipment or automobiles, or sold to wholesalers, who in turn sell them to retailers, who then sell them to end users and consumers.
asrana:
2. Manufacturing is the foundation of global “Great Power”
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3. Manufacturing is the most important cause of economic growth
4. Global trade is based on goods, not services
aur bheju
why are manufacturing industries important for a growth of a nation explian
Manufacturing industryrefers to any business that transforms raw materials into finished or semi-finished goods using machines, tools and labor. Manufacturing sectors include production of food, chemicals, textiles, machines and equipm
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yeah please send me this question answer what is an industrial region which industry is known as the basic industry in the world and why
yeah please send me this question answer what is an industrial region which industry is known as the basic industry in the world and why
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