ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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producer
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consumer
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Either A or B
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None of the above
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Detailed explanation-1: -The sheet metal parts for the bodywork are created and stamped by robots. These parts form side frames, doors, hoods, and roofs, which are later added onto the main frame of the car. Once the frame is created and the parts are ready to be assembled, the car will be loaded onto a production line.
Detailed explanation-2: -It may sound a bit surprising, but there are car manufacturing units though the statistics released by companies always talk in terms of production of cars. Making use of raw materials to transform it onto a finished product is termed as production.
Detailed explanation-3: -China was the leading country in terms of passenger car production in 2021: around 21.4 million units were produced here. This compares to about 6.62 million units in runner-up Japan.
Detailed explanation-4: -China-26.08 million. United States-9.17 million. Japan-7.85 million. India-4.40 million. South Korea-3.46 million. Germany-3.31 million. Mexico-3.15 million. Brazil-2.25 million. More items