Question

What is the manufacturing sector? Why is it considered the backbone of development? Interpret the reason.

Answer 1

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