Question

Why is manufacturing industry sector considered the backbone of economic development of the country?

Answer 1

manufacturing sector is considered as thebackbone of the economic development country because of the following reasons

Manufacturing sector helps in modernising agriculture which increases agricultural productivity
The export of manufactured goods expands trade and commerce

Answer 2

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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 :-

• It not only helps in modernising agriculture but also forms the backbone of our economy.
• Industrial development is a precondition for an eradication of unemployment and poverty from our country.
• Export of manufactured goods expands trade and commerce.
• Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous.