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Elaborate whether the economic strength of …

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Elaborate whether the economic strength of a country is measured by development of manufacturing industries with both yes and no
  • 2 answers

Gaurav Seth 6 years, 5 months ago

The economic strength of a country lies in thedevelopment of manufacturing industries because
(a) Manufacturing industries help in modernisingagriculture which forms the backbone of oureconomy.
(b) It reduces the heavy dependence of people onagriculture sector and creates jobs in secondary andtertiary sectors.
(c) It is necessary for the removal of unemploymentand poverty.
(d) It brings down regional disparities.
(e) Export of manufactured goods expands trade andcommerce and enhances prosperity.
(f) It brings much needed foreign exchange.

Abhishek Thakur 6 years, 6 months ago

Yes
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