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Questions and Answers
What percentage of GNP does manufacturing contribute in the US?
What percentage of GNP does manufacturing contribute in the US?
- 15%
- 20% (correct)
- 25%
- 30%
What are the two classes into which manufactured goods are typically divided?
What are the two classes into which manufactured goods are typically divided?
- Luxury goods, Necessity goods
- Raw materials, Finished goods
- Producer goods, Consumer goods (correct)
- Durable goods, Non-durable goods
What is the meaning of 'manufacturing' derived from?
What is the meaning of 'manufacturing' derived from?
- Arabic صناعة (sina'a), meaning industry
- Latin manu factus, meaning made by hand (correct)
- Greek techne, meaning art or skill
- Germanic makōną, meaning to make
What type of products are typically considered as discrete products in manufacturing?
What type of products are typically considered as discrete products in manufacturing?
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What does a process in manufacturing do to a material?
What does a process in manufacturing do to a material?
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