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How do secondary industries add value to a product? - Answers
Secondary industries add value to a product by transforming raw materials into finished goods through manufacturing and processing. This transformation enhances the product's utility, quality, and appeal, often leading to increased market demand and higher prices. Additionally, secondary industries often incorporate technology and skilled labor, further improving efficiency and innovation in production. Ultimately, this value addition contributes to economic growth and job creation.
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How do secondary industries add value to a product? - Answers
Secondary industries add value to a product by transforming raw materials into finished goods through manufacturing and processing. This transformation enhances the product's utility, quality, and appeal, often leading to increased market demand and higher prices. Additionally, secondary industries often incorporate technology and skilled labor, further improving efficiency and innovation in production. Ultimately, this value addition contributes to economic growth and job creation.
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How do secondary industries add value to a product? - Answers
Secondary industries add value to a product by transforming raw materials into finished goods through manufacturing and processing. This transformation enhances the product's utility, quality, and appeal, often leading to increased market demand and higher prices. Additionally, secondary industries often incorporate technology and skilled labor, further improving efficiency and innovation in production. Ultimately, this value addition contributes to economic growth and job creation.
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