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 ore is turned into steel. This transformation not only increases the value of the raw material but also makes it usable for consumers or other industries. Value addition is important because it helps create jobs, boosts economic growth, and provides finished goods that are ready for sale in the market. It is a key part of the manufacturing and industrial activities in the economy.
This question related to Chapter 14 Social Science Class 6th NCERT.
From the Chapter 14. Economic Activities Around Us.
Give answer according to your understanding.
Value addition is the process of enhancing the worth of raw materials by transforming them into usable products.
Explanation: For example, converting cotton into textiles increases its market value.
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