Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> What is meant by manufacturing?

• A. Production of goods before processing raw materials into more valuable products.
• B. Production of goods without processing raw materials into more valuable products.
• C. Production of goods before processing raw materials into valueless products.
• D. Production of goods after processing raw materials into more valuable products.

Answer 1

The correct option is D Production of goods after processing raw materials into more valuable products.

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> The activities through which we obtain raw materials from nature as inputs are called primary activities. Agriculture, forestry, fishing, and mining are considered to be primary activities. The activities that convert raw materials into finished products are called secondary activities. Manufacturing, construction, electricity, gas, and water supply are the examples of secondary activities.