Thursday, July 2, 2009

CHAPTER 4: THE MANUFACTURING INDUSTRY

WHAT IS AN INDUSTRY

An industry refers to the activity that many people are involved in especially for commercial purpose.

It is an organized economic activity connected with the production, manufacture, rending of services or construction of a particular product or range of products.Justify Full

Manufacturing Industry refers only to those activities which change the state (conditions) of raw materials into something more useful and valuable.

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