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Q: Ten raw materials and final goods?
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Define Chain of Production?

The various stage of production right from extraction of raw materials to the distribution of finished goods to the final consumers The various stage of production right from extraction of raw materials to the distribution of finished goods to the final consumers


What are the circular flow of goods among production units in economics?

This consists of the flow of raw materials, the flow of intermediate goods, and the flow of final goods. Raw materials are unprocessed goods like logs, wheat, and iron ore. Intermediate goods are also called goods in process because they are not yet ready for final use in consumption. Final goods consist of the bread we buy in the bakeries, the car, the table and chairs we use at home. Some firms are raw material producing firms. They cut down lumber from the forest or explore mines for ores. Some firms transform these raw materials into intermediate goods. An automatic mobile body shop does this to iron sheets. And of course, we have firms that convert these intermediate goods into final goods, such as when a firm finishes up the car so it is ready for us to ride in.


How can you describe raw materials?

Raw materials are materials that are used in the productions of goods and materials. They are the very basic materials and are feedstock for finished products.


Where do raw materials go to?

to manufacturing goods


What helped move the raw materials to the factories and finished goods to market?

Railroads helped move raw materials to the factories and finished goods to the market.


What helped moved raw materials to the factories finished goods to market?

Railroads helped move raw materials to the factories and finished goods to the market.


Does china sell more raw materials or manufactured goods?

Manufactured goods!!!


What moved raw materials to the factories and finished goods to market?

Railroads helped move raw materials to the factories and finished goods to the market.


What goods would canal boats carry?

Manufacture goods. Raw materials. Foodstuff.


What does a colony usually provide for its ruling country?

raw materials and cheap labor for apex 7.2.4


What trade goods move from Africa to Asia?

raw materials


Under mercantillism the thirteen American colonies were expected to provide great Britain with?

Raw Materials and markets for British products.