role of manufacturing sectors Flashcards
1
Q
role
A
healthy and viable manufacturing sector that includes exports helps balance trade figures, creates employment and opp for others = increased consumer spending = more employement = welfare of society and quality of life. Helps to raise living standards by stimulating enterprise, encouraging innovation and providing positive environment for tech progress
2
Q
design and innovation
A
important to maintain a competitive edge that sets them apart from others on the market
