Economy, asked by venugopalkuna5087, 7 months ago

The process of converting raw material into finished goods is called

Answers

Answered by basudev13880
16

Answer:

Manufacturing is the process of converting raw material into finished goods with the help of machinery.

Explanation:

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Answered by aishwarya1509
2

Answer:

The process of converting raw material into finished goods is called Manufacturing.

Explanation:

  • A country's economy is separated into three categories. Agriculture and fishing are part of the primary sector, whereas manufacturing finished goods are part of the secondary sector.
  • The tertiary sector, which is involved with providing services, is the third sector.
  • The three economic sectors contribute to our Gross Domestic Product in different ways.
  • The process of transforming raw materials into final goods is known as manufacturing.
  • Natural goods are transformed into marketable commodities through the manufacturing process.
  • Manufacturing employs industrial processes.
  • This increases the value of the raw material.
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