Question

The backbone of economic development is_________________.

• A. agriculture sector
• B. manufacturing sector
• C. corpoarate sector
• D. banking sector

Answer 1

The correct option is B manufacturing sector

The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons:

(1) The manufacturing sector helps in modernizing agriculture which increases agricultural productivity.

(2) The export of manufactured goods expands trade and commerce.

(3) Manufacturing industries reduce the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.