The process of transforming raw materials into finished goods is a __________ activity.

primary

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secondary

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tertiary

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quaternary

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Solution

The correct option is B secondary
The process of transforming the raw materials into finished goods is a secondary activity. Primary activities is the extraction of raw materials from the Earth's surface.

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The stock of unsold finished goods, or semi-finished goods, or raw materials which a firm carries from one year to the next is called __________.

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