Why is economic strength of a country is measured by the development of manufacturing industries? Explain with examples
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Manufacturing Industries means more of all the things such as money skilled labours any many other things which require to manufacture industries.
asamdaniel100:
We have to write examples also?
yes and it is a 5 mark question
Haa
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____________________________________________________________
Hey!!
Here's your answer!!
Manufacturing industries of India help in the development of India in the following ways:
-> By giving higher employment opportunities: It mainly creates jobs for people in the rural areas who are deprived of work and are unemployed.
-> By increasing the GDP of India by producing large number of goods in less time with less workers.
-> By promoting the service sector of India. As larger the secondary industry grows the tertiary sector also grows.
-> Preventing disguised unemployment by providing jobs in this sector.
Example: If a cotton textile industry is opened near a village in Maharashtra where there is disguised unemployment. Now it not only ensures more amount of cotton clothes by increasing GDP and economy but also plays a pivot role in the lives of unemployed people also. Therefore it not only increases national development but also economic growth
Therefore economic strength of country is measured by the development of manufacturing industries.
Hope this helps!!
Cheers!!
____________________________________________________________
Hey!!
Here's your answer!!
Manufacturing industries of India help in the development of India in the following ways:
-> By giving higher employment opportunities: It mainly creates jobs for people in the rural areas who are deprived of work and are unemployed.
-> By increasing the GDP of India by producing large number of goods in less time with less workers.
-> By promoting the service sector of India. As larger the secondary industry grows the tertiary sector also grows.
-> Preventing disguised unemployment by providing jobs in this sector.
Example: If a cotton textile industry is opened near a village in Maharashtra where there is disguised unemployment. Now it not only ensures more amount of cotton clothes by increasing GDP and economy but also plays a pivot role in the lives of unemployed people also. Therefore it not only increases national development but also economic growth
Therefore economic strength of country is measured by the development of manufacturing industries.
Hope this helps!!
Cheers!!
____________________________________________________________
All the best for your Math exam!!
How much marks will be there for examples?
2 marks for example 3 marks for factors
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