Manufacturing-based

Describing an economic or industrial framework primarily centered around the production of goods, typically through factories or industrial plants. In a manufacturing-based economy, the processes of assembling, fabricating, and producing products from raw materials are dominant, playing a crucial role in employment, economic stability, and development.

Manufacturing-based meaning with examples

• The small town's economy is heavily manufacturing-based, relying on the textile industry, which has provided jobs for generations and has become a cornerstone of the community's identity.
• Many urban areas have transformed from agriculture-based to manufacturing-based economies, resulting in significant changes to the workforce demographics and local infrastructures in the pursuit of industrialization.
• The shift towards a manufacturing-based approach allowed the country to increase its GDP, reinforcing policies aimed at boosting industrial output and lowering unemployment rates as factories flourished.
• In today's global market, companies with a manufacturing-based model often face challenges from automation and artificial intelligence, which can streamline production but also require a re-evaluation of workforce needs.