BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Raw materials (i.e. cotton, oil ____ etc.)
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Land
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Labor
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Capital
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Entrepreneurship
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Explanation:
Detailed explanation-1: -Examples of raw materials include steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals.
Detailed explanation-2: -Cotton, jute, linen are raw materials obtained from plants while wool is a raw material obtained from sheep. All these raw materials are processed into yarn and further processed into fabrics.
Detailed explanation-3: -Raw material for textile industry is cotton, jute, wool raw silk and synthetic goods. India being a vast country presents major variations in the availability of industrial raw material.
There is 1 question to complete.