Question:

Read the following characteristics of ‘manufacturing industries’ carefully and choose the most appropriate option.
I. These include the production of goods.
II. These include the production of services also.
III. These are done by using power source and machines.
IV. Handicrafts and moulding iron and steel etc. are some examples.

Show Hint

Remember the "Sector Ladder":
Primary = Raw Materials.
Secondary = Manufacturing (Goods).
Tertiary = Services.
  • Only I, II and III are correct.
  • Only I, II and IV are correct.
  • Only I, III and IV are correct.
  • Only II, III and IV are correct.
Show Solution
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The Correct Option is C

Solution and Explanation

Concept:
• Manufacturing is a secondary sector activity that adds value to raw materials by transforming them into finished goods.

• It encompasses a wide range of activities, from simple handicrafts to complex high-tech manufacturing.

Step 1:
Evaluate Statement I
Manufacturing fundamentally involves the production of tangible, physical goods.
This statement is correct.

Step 2:
Evaluate Statement II
The production of services (intangible products like banking, teaching, or transport) belongs to the tertiary sector.
Manufacturing is strictly the transformation of physical matter.
This statement is incorrect.

Step 3:
Evaluate Statement III
Modern manufacturing is characterized by mechanization (use of machines) and the use of inanimate power (steam, electricity, petroleum) to perform tasks.
This statement is correct.

Step 4:
Evaluate Statement IV
Manufacturing is a broad term. It includes household industries like handicrafts as well as large-scale heavy industries like iron and steel moulding.
This statement is correct.

Step 5:
Final Assessment
Since statements I, III, and IV are correct and statement II is incorrect, option (C) is the right choice.
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