Question

What is the importance of manufacturing??


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Answer 1

Answer:

Question ⤵️

What is the importance of manufacturing?

Answer ⤵️

The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications. Manufacturing commonly employs a man-machine setup with division of labor in a large scale production.

The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications. Manufacturing commonly employs a man-machine setup with division of labor in a large scale production. example- silk is a raw material and silk suit is a finished product manufactured from the silk obtained from silk worm.

Explanation:

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Answer 2

Manufacturing means producing goods in large quantities.

⠀⠀⠀⠀⠀ IMPORTANCE

• It helps in transforming the raw materials into finished goods on a large scale and thus helps earning profit as finished goods are costlier than raw materials.
• Manufacturing industries help in modernising agriculture which forms the backbone of our economy.
• It reduces the heavy dependence of people on agriculture sector and creates jobs in secondary and tertiary sectors.
• It is necessary for the removal of unemployment and poverty.

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