Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.8k views
in Geography by (106k points)

What is the meaning of manufacturing industry? Why is it considered the backbone of economic development? Give two reasons.

1 Answer

0 votes
by (323k points)
selected by
 
Best answer

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.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...