Wednesday, January 24, 2018

10 Reasons Why Governments Should Invest In Manufacturing.

10 Reasons Why Governments Should Invest In Manufacturing.

1.  Manufacturing creates more jobs than any other sector.

2.  Manufacturing is what made wealthy countries wealthy.

3.  All jobs, including service jobs rely on manufactured goods from manufacturing jobs.

4.  Every manufacturing job supports three additional jobs.

5.  Manufacturing locally prevents exporting jobs overseas.

6.  Manufacturing produces exportable goods.

7.  Wealth from global trade is generated from locally manufactured goods.

8.  The economic health of every country is only as good as its manufacturing sector.

9  Manufacturing locally prevents currency flight.

10. To promote “Made In” (your country) to consume locally manufactured goods.

Now you know why manufacturing statistics are so closely watch and promoted in the USA, Europe, India and China.

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