ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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perishable industry.
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labor intensive industry.
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bulk-gaining industry.
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communications-oriented industry.
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Detailed explanation-1: -EX: soft drink bottling Soda Bottling is an example of a Bulk gaining industry because it gains weight when water and packaging materials are added. An economic activity in which the final product weighs less that its inputs.
Detailed explanation-2: -Most drink bottling industries are examples of bulk-gaining indus-tries; empty cans or bottles are brought to the bottler, filled and shipped to consumers. Single-market manufacturers are specialized, with only one or two customers, such as manufac-turers of motor vehicle parts.
Detailed explanation-3: -Bulk-Gaining Industry: An industry in which the final product has more space than the raw materials. Bulk-Reducing Industry: An industry in which the final product has less space than the raw materials.
Detailed explanation-4: -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.