Consider the movement up a production chain in a typical economy.What is at the end of this production chain?
A) raw material
B) agriculture
C) manufacturing
D) services

Question

Consider the movement up a production chain in a typical economy.What is at the end of this production chain?  
A) raw material 
B) agriculture 
C) manufacturing 
D) services

Quizplus · Accepted Answer

Services are typically at the end of a production chain in a modern economy. Raw materials are extracted and transformed into intermediate goods through various manufacturing processes. These intermediate goods are then assembled or further processed into finished products. The final product may then be sold to consumers, who often require various services related to the product such as installation, maintenance, or repair. Therefore, services are an essential component of the economy that often come at the end of the production chain.

Consider the Movement Up a Production Chain in a Typical