Economy, asked by patelsubham138, 5 months ago

in earlier times trade consisted of which of the following things (a) finished good (b) raw material (c) food stuff (d) all of these​

Answers

Answered by ranjan12342003
0

In earlier times trade consisted of which of the following things

(a) Finished Good

(b) Raw Material

(c) Food Stuff

(d) All of these

Answer (a) Finished Good

Answered by HappyJohn
1

In earlier times trade consisted the following things (d) all of these

Explanation:

1. The correct choice of the asked question is Option (d) all of these

2. It means that in earlier times, trade consisted of all the given three things, that are, finished goods, raw material, and food stuff. So, the answer is 'all of these'.

3. Raw materials were needed or required in earlier times trade because these are the inputs which are needed to be processed so that final products could be produced or created to sell to the consumers.

4. Finished goods are simply those goods or materials that are ready to be sold to the consumers. These goods do not require any processing further and can be exported to market for selling.

5. Food stuff was also an important component in earlier times trade.

6. Hence, we can say in earlier times trade consisted all the things, that are, finished good, raw material and food stuff.

LEARN MORE:

What is trade? What are the types of trade?

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