Manufacturing is significant in the secondary sector because it transforms raw materials from the primary sector into finished goods that are more useful and valuable. For example, cotton is turned into textiles, and wood is made into furniture. This process ...
Tiwari Academy Discussion Latest Questions
Secondary activities differ from primary activities in that they involve the processing and manufacturing of raw materials into finished goods, while primary activities focus on extracting natural resources directly from the Earth. For example, farming and fishing are primary activities ...
Monetary value refers to the worth of a good or service expressed in terms of money. It represents how much a product or service is worth in the market, and is determined by factors like supply, demand, and production costs. ...
Forming a cooperative like AMUL offers several benefits. It allows farmers to work together and pool their resources, ensuring they get a fair price for their milk without depending on middlemen. AMUL helps farmers by providing them with better income, ...
Agriculture is considered a primary activity because it involves the direct use of natural resources to grow crops and raise animals for food, raw materials, and other products. In agriculture, farmers work with the land, water, and soil to cultivate ...
Value addition in the secondary sector refers to the process of transforming raw materials from the primary sector into finished goods or products that are more valuable. For example, raw cotton is processed in factories to make fabric, or iron ...
Technicians play an important role in the tertiary sector by providing specialized services that support various industries and everyday activities. They use their technical skills to repair and maintain machinery, electronic devices, and other equipment. For example, technicians may fix ...
Two examples of secondary sector activities are manufacturing and construction. In manufacturing, raw materials from the primary sector are transformed into finished goods, such as turning cotton into fabric in textile mills or converting iron ore into steel. The construction ...
The main characteristic of primary sector activities is that they involve the extraction and harvesting of natural resources directly from the Earth. These activities include farming, mining, fishing, and forestry. In the primary sector, people collect raw materials that are ...
Middlemen are individuals or businesses that act as intermediaries between producers and consumers. In the case of AMUL, farmers eliminated middlemen by directly selling their milk to the cooperative. This allowed farmers to earn better prices for their milk, as ...