ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A bulk gaining product would be produced
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Close to the source of material
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Far away from cities
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Next to a mine
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Near the market
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Explanation:
Detailed explanation-1: -Bulk-Gaining Industry. These are products (goods) that after produced they become heavier, bulkier, or more expensive to transport.
Detailed explanation-2: -BULK GAINING can also refer to an industry whose final products are HARDER TO SHIP than inputs. Potato chips are good example of this. Producers like Frito-Lay have factories all over the country.
Detailed explanation-3: -Bulk-gaining industries make products that weigh more after assembly than before assembly; bulk-reducing industries make products that weigh less after assembly than before assembly.
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