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Agricultural goods are products derived from farming and cultivation, including crops, livestock, and raw materials like grains and fruits. In contrast, manufactured goods are items that have been processed and transformed in factories, such as electronics, clothing, and machinery. The key difference lies in their production processes: agricultural goods are primarily natural and raw, while manufactured goods involve human intervention and industrial techniques to create finished products.
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What is difference between industry trade and commerce?
industry is the place where goods are manufactured trade is the related to exchange of goods commerce is related to distribution of goods
Why the price of agricultural goods tends to fluctuate more than the price of manufactured goods?
Because the supply is less certain.
Why agricultural products flactuate than manufactures goods?
Agricultural products tend to fluctuate more than manufactured goods due to their inherent dependence on environmental factors such as weather, pests, and diseases, which can lead to unpredictable yields. Additionally, agricultural markets are influenced by seasonal cycles, while manufactured goods benefit from more stable production processes and inventory management. Supply and demand dynamics can also be more volatile in agriculture due to the perishability of products and the variability of consumer preferences. This combination results in greater price volatility for agricultural commodities compared to manufactured items.
What is the difference between economic and free goods?
The difference between free and economic goods is the fact that, free goods don't cost us anything to be able to have and economic goods cost us to be able to get that service or good.
Is Cuba a industrial nation?
Cuba is not considered an industrial nation. Its primary exports are agricultural such as sugar, fish, cigars, and coffee. They do export some manufactured goods.
What did colonial cities function primarily as?
mercantile centers for collecting agricultural goods and distributing imported manufactured goods.
What is the difference between cost of goods manufactured and cost of goods sold?
How do you calculate cost of goods sold for a manufacture company
What is difference between industry trade and commerce?
industry is the place where goods are manufactured trade is the related to exchange of goods commerce is related to distribution of goods
What are the trades of US Canada and Mexico?
In general terms:Canada: manufactured goods, industrial machinery, agricultural products and some fuels such as crude petroleum and natural gas.United States: capital goods, industrial supplies, consumer goods, agricultural products.Mexico: manufactured goods, oil and oil products, raw materials, agricultural products.
Why did most of Guyana's manufactured goods come from its agricultural products?
Guyana's manufactured goods mostly come from its agricultural products because Guyana is known for most of its agricultural products. Some products are cocoa, citrus fruits, fish, shrimp, prawns, and rice.
Why the price of agricultural goods tends to fluctuate more than the price of manufactured goods?
Because the supply is less certain.
Why do prices of agricultural commodities tend to fluctuate more than those of manufactured goods?
agricultural products expensive more than processed
Why As a result of new farming techniques developed in the Agricultural Revolution England's economy experienced what?
A decrease in manufactured goods
What was the purpose of tariffs on manufactured goods and agricultural products in the early history of the US?
To allow American industries to grow..
Why agricultural products flactuate than manufactures goods?
Agricultural products tend to fluctuate more than manufactured goods due to their inherent dependence on environmental factors such as weather, pests, and diseases, which can lead to unpredictable yields. Additionally, agricultural markets are influenced by seasonal cycles, while manufactured goods benefit from more stable production processes and inventory management. Supply and demand dynamics can also be more volatile in agriculture due to the perishability of products and the variability of consumer preferences. This combination results in greater price volatility for agricultural commodities compared to manufactured items.
What is the major trade goods between Asia and Australia?
The major trade goods between Asia and Australia include agricultural products, minerals, and manufactured goods. Australia exports significant amounts of iron ore, coal, and agricultural products like beef and wine to various Asian countries. In return, Australia imports electronics, machinery, and textiles from Asia. This trade relationship is vital for both regions' economies, fostering growth and development.
What are manufactured goods in Oregon?
they are goods manufactured in Oregon.
