Asked by Hunain Nadeem on Jul 08, 2024
Verified
The _____ of the economy includes the production of basic materials, such as steel, and the production of finished products.
A) manufacturing sector
B) nonprofit sector
C) government sector
D) service sector
Manufacturing Sector
The segment of the economy dedicated to the production of goods through processing, transforming, or assembling raw materials.
Basic Materials
These are raw materials, including minerals, metals, and agricultural products, that are used in the production of goods across various industries.
Finished Products
Goods that have completed all stages of production and are ready for sale or distribution to consumers.
- Explain the functions of various economic sectors and how they interact with organizations.
Verified Answer
RM
Reyna MartinezJul 09, 2024
Final Answer :
A
Explanation :
The manufacturing sector is responsible for the production of basic materials, like steel, and the creation of finished products, fitting the description given.
Learning Objectives
- Explain the functions of various economic sectors and how they interact with organizations.