Which of the following statements is true of the manufacturing industry?
Answer Details
The true statement of the manufacturing industry is: "It is involved in changing raw materials to finished goods."
The manufacturing industry is involved in the production of goods using raw materials, labor, and machinery. It transforms raw materials into finished goods that are ready for sale to consumers. Manufacturing requires skilled labor, specialized machinery, and facilities, making it different from other industries. The finished products are then distributed to consumers through various channels such as wholesalers, retailers, and e-commerce platforms.