A baker would make finished goods from farm products.
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Secondary workers refer to individuals engaged in industries that process raw materials into finished or semi-finished products. Examples include factory workers in manufacturing plants, assembly line operators, and artisans who create goods from raw inputs. These workers play a crucial role in transforming resources extracted by primary workers into items ready for consumer use.
Bakers *-*
Because workers' wages increased, prices for manufactured goods decreased, and because of the new method of the assembly line, Europeans could afford to buy more consumer products.
When labor works things into tangible products, those products are typically referred to as goods. Goods can be classified into various categories, such as consumer goods, which are intended for direct use by consumers, and industrial goods, which are used in the production of other goods. This transformation of raw materials into finished products is a fundamental aspect of manufacturing and economic activity.
Enumerated goods were products/goods produced by the colonies that could only be shipped to England.
A business that makes finished products out of raw processed goods is a furniture manufacturing company. Such companies take processed materials like wood, metal, or upholstery and transform them into finished products like tables, chairs, and cabinets. These businesses often focus on design, craftsmanship, and quality control to create market-ready items for consumers and retailers.
They wanted to maintain a monopoly on the products produced by these skilled workers. Lacking such skilled workers, the colonies could not produce the manufactured goods made in England and were forced to buy from England (or France or wherever).
[Debit] Finished Goods [Credit] Work in process
Direct labor plus overheads called the conversion cost of manufacturing the products units as these costs are incurred to convert raw material into finished goods and without this cost there is no finished goods.
Products created when labor transforms natural resources into tangible items are called "goods." These goods can range from raw materials, like timber and minerals, to finished products, such as furniture and clothing. The process of converting nature's resources into goods often involves various forms of manufacturing and craftsmanship.
To build cars cheaply enough so that his factory workers could afford themTo sell the most products to the most number of people possibleTo build goods so cheaply that everyone could afford them