‘The Iron and Steel industry constitutes the backbone of modem indus

1.	‘The Iron and Steel industry constitutes the backbone of modem industrial economy.’ Give two reasons to justify the statement.
Answer» Iron and steel industry is called the basic industry because : • It is the industry which lays the foundation of rapid development of other industries such as heavy engineering, defence equipment, automobiles, aeroplanes, etc. • It is also helpful in providing employment.

‘The Iron and Steel industry constitutes the backbone of modem industrial economy.’ Give two reasons to justify the statement.

Answer»

Iron and steel industry is called the basic industry because :

• It is the industry which lays the foundation of rapid development of other industries such as heavy engineering, defence equipment, automobiles, aeroplanes, etc.

• It is also helpful in providing employment.

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‘The Iron and Steel industry constitutes the backbone of modem industrial economy.’ Give two reasons to justify the statement.

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