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With industry in general, the most valuable ones are those that have the highest added value. That is they have a much larger selling price for their output compared with the buying price of the input material.

In the case of forest products, raw felled logs would have a low added value, whereas making paper would have a higher added value.

Similarly, furniture making would have an even higher added value.

Generally, the amount of added value is highly dependent on the amount of capital needed to set up the industry. But fine hand crafted products could have a high added value, but still have a modest capital needs.

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15y ago

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