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MyWikiBiz, Author Your Legacy — Sunday February 16, 2025
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'''Manufacturing''' describes the transformation of raw materials into finished goods for sale. It is also known by the term ''secondary industry''. Modern-style manufacturing industries are generally regarded as beginning around 1750 with the Industrial Revolution.
'''Manufacturing''' describes the transformation of raw materials into finished goods for sale. It is also known by the term ''secondary industry''. Modern-style manufacturing industries are generally regarded as beginning around [[1750]] with the [[Industrial Revolution]].
Whilst it remains a huge part of the modern world economy, many of the world's wealthiest nations devote a smaller and smaller proportion of their workforce to manufacturing enterprises due to their relocation to lower-wage countries and the rising proportion of economic activity devoted to tertiary industry.
Whilst it remains a huge part of the modern world economy, many of the world's wealthiest nations devote a smaller and smaller proportion of their workforce to manufacturing enterprises due to their relocation to lower-wage countries and the rising proportion of economic activity devoted to tertiary industry.
