“The economic strength of a country is measured by the development of manufacturing industries.” Analyze the statement.
“The economic strength of a country is measured by the development of manufacturing industries.” This statement is explained below:
1. Manufacturing industries help in the modernization of agriculture.
2. They produce tractors, thresher irrigation pipes, fertilizers, sprinklers, and harvesters.
3. It reduces the heavy dependence of people on agriculture income by providing them jobs in the secondary and tertiary sectors.
4. Industrial development is a precondition for the removal of unemployment and poverty from India.
5. It also helps to bring down the regional disparities by establishing industries in the backward and tribal areas.
6. It helps to bring prosperity and socio-economic to develop.
7. The export of manufactured goods expands trade and Commerce and brings in foreign exchange.
Couldn't generate an explanation.
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