Question

An industry obtains its raw materials from another industry is referred to as __________________.
Fill in the blank.

Answer 1

Suppliers;

Suppliers are firms who provide the basic raw materials to firms who manufacture goods which use those materials as the primary content of their manufactured product.

They have contracts and subcontracts with different manufacturers for a specific period of time during which they supply with the bulk of the constituted product of the manufactured good.

These suppliers are not obliged to supply a single firm but many firms at a time.