What is raw material?
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Posted by Pranjal Malhotra 4 years, 5 months ago
- 2 answers
Kavyansh Garg 4 years, 5 months ago
Raw materials are those materials which are extracted from natural sources at the primary stage.
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Preeti Dabral 4 years, 5 months ago
Raw materials are materials or substances used in the primary production or manufacturing of goods. Raw materials are commodities that are bought and sold on commodities exchanges worldwide. Traders buy and sell raw materials in what is called the factor market because raw materials are factors of production as are labor and capital.
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