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I always use this basic to differentiate the two. Captial is going to be anything that you are purchasing that is not disposable. Anything you will have to buy more of because you will use to do a job and have to buy more of (basically anything disposable), would be a raw material. Its kind of a basic description
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What are essential factors in the productive process?
management,capital,labor, and raw materials........<NovaNet> i think!
Whats the difference between inputs and outputs in economics?
The inputs refers to things that come into an economy they are usually raw materials. The outputs on the other hand refer to the finished goods.
What resources are major influences on a country's or region's economy?
- Oil and other raw materials - Land, labour, capital, entrepeneurship
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.
Why is there a difference in waste production between low income countries and High income countries?
there is a difference in waste production between low income countries and high income countries because high income countries have more money to spend on raw materials therefore creating more waste.
What is the Difference between raw materials supplies when reporting inventory?
Raw materials are those items that will be used in making the product. Supplies are used inside the business and they won't be sold.
What is the realatonship between raw materials and industrial materials?
Nothing
Three requirements for industrial growth include?
Raw materials Workers Capital (OW)
Which among the following is not an item of fixed capital a tools d buildings b machines c raw materials?
Raw Material
What are essential factors in the productive process?
management,capital,labor, and raw materials........<NovaNet> i think!
What is the term that describes money to invest in the labor machines and raw materials needed for industry?
Money that is used to invest in labor, machines, and raw materials needed for industry, is officially known as capital. That is also the source of the term capitalism, which is an economic system based on the use of capital. In the 20th century there was a huge international struggle between communism and capitalism. Capitalism won.
What is difference between raw material and bulk raw material?
raw material bulk raw material
What is the difference between raw materials with market transport?
Raw materials are the natural elements you find on Earth. For example, timber, iron, gold, fish, aluminum, and things of that nature. The transport market is where you transport these materials to a plant or factory to be processed. It is all about where you place this factory. For example, if you were turning timber into paper, you would probably locate the plant near the raw material.
What is the antonym for raw materials?
Raw materials
What is difference between direct purchase and indirect purchase?
The difference between direct purchase and indirect purchase is in what is purchased. Relating to raw materials, direct purchase is materials that go directly on a product and indirect is materials used to produce the product. Direct purchase can refer to purchasing products directly from manufacturers and indirect is purchasing through a middle person.
What is the difference between manufacturing and processing?
Manufacturing takes raw materials and creates goods from them. Processing is taking existing items or materials and making them ready for further use or sale. Minerals and food are processed, not manufactured.
What is the difference between API and intermediates?
The raw material is a compound that is used as the basis for making an API. an API is not made from raw material by just one reaction, but by a variety of compounds that become API. the compounds that are being transformed from raw materials into APIs are called intermediates.
