WORLD HISTORY

COLONIALISM AND IMPERIALISM

COLONIALISM AND ITS ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is cheaper?
A
Raw Materials
B
FInished Product
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The cost of raw material refers to the amount necessary to buy the resources used by businesses to produce a product or even service. In many cases, the cost of raw materials guides businesses in establishing the final price of the item that they intend to sell.

Detailed explanation-2: -Lots of everyday things are made from sand Every year around 40-50 billion tonnes of sand and gravel is extracted, which is roughly half of the total weight of all materials extracted totally. In comparison, around 4 billion tonnes of oil and 2 billion tonnes of wood are being extracted yearly.

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