Question

Why is the economic strength of a country measured by the development of manufacturing industries? Explain with examples.

Answer 1

Manufacturing industries go hand in hand with agricultural industries and with also employ tertiary industries. Therfore, the more developed manufacturing industries are, the more developed the other two industries are. This leads to increase in GDP and in national income and better living standards are more people are employed. Then also leads to other factors such as import and export which improves foreign relations as well.

Answer 2

Manufacturing industries assist in modernising agriculture and it reduce the heavy dependence on agricultural productivity. It generates more employment opportunities and removes unemployment and poverty level in our nation.Countries that transform their raw materials into a wide variety of furnished goods of higher value are prosperous .Industrt sector contributes 27% of GDP out of it manufacturing accounts for 17%.