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“Manufacturing industries are considered the backbone of the economic development of a country”. Justify the statement.

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Manufacturing industries are the backbone of economic growth, providing employment, improving living standards, modernizing agriculture and increasing exports. They support infrastructure, reduce import dependence and ensure self-reliance, fostering overall national development and prosperity.

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1 Answer

  1. Manufacturing industries are rightly called the backbone of economic development because they transform raw materials into valuable goods.
    Justification:

    1. They create employment opportunities in both urban and rural areas.
    2. Increase national income through exports and trade.
    3. Support agriculture by producing tools, fertilizers and machinery.
    4. Promote urbanization and modernization of society.
    5. Reduce dependence on imports, strengthening economic self-reliance.
    6. Contribute significantly to the GDP of a nation.
      Thus, a well-developed manufacturing sector stimulates the growth of all other sectors and enhances living standards. Industrial growth leads to infrastructure development, technological advancement and overall progress, making it the driving force of a country’s economic growth.
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