Economy, asked by wwwtapadiyanitu2, 11 months ago

converting a raw material into finished goods for consumption is called​

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Answered by Dynamicarmies
12

Answer:

converting a raw material into finished goods for consumption is called​ manufacturing

Answered by ArunSivaPrakash
0
  • Converting a raw material into finished goods for consumption is called manufacturing.  
  • All the procedures in a manufacturing unit are carried out systematically according to the set procedures and policies with proper division of labor.
  • Manufacturing creates utility. All the raw materials are assembled to make a product that would be easily consumed or used by the customer to satisfy his wants.
  • Manufacturing also offers a lot of job opportunities and reduces the problem of unemployment.  
  • Manufacturing also increases the standard of living by producing such goods which would make the life of people more easier and comfortable.

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