how manufacturing sector helps to determine the economy of any country
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how manufacturing sector helps to determine the economy of any country
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Answer:
Importance of Manufacturing
The manufacturing sector is considered the backbone of development due to the following reasons:
Manufacturing industries help in modernising agriculture as it provides jobs in secondary and tertiary sectors.
It helps in the eradication of unemployment and poverty.
Export of manufactured goods expands trade and commerce, and brings in much needed foreign exchange.
It helps in prospering the country by giving a boost to the economy.
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