Consider the economic operations involved in transforming raw natural resources into finished consumer goods within the Nigerian commercial sector. Arrange the following economic activities in the correct chronological sequence to illustrate how raw rubber moves through industry, commerce, and occupation from extraction to final usage.
- 1Tapping and extracting raw latex fluid from rubber trees on a plantation
- 2Processing latex into vulcanized rubber and manufacturing automobile tires in an industrial plant
- 3Insuring and storing bulk consignments of finished tires in commercial warehouses
- 4Selling individual tires to end-user motorists through retail motor spare-parts traders
Cevap
The correct chronological sequence is: Tapping and extracting raw latex fluid from rubber trees on a plantation, followed by Processing latex into vulcanized rubber and manufacturing automobile tires in an industrial plant, then Insuring and storing bulk consignments of finished tires in commercial warehouses, and finally Selling individual tires to end-user motorists through retail motor spare-parts traders.
The correct sequence demonstrates how economic activities integrate: primary industry extracts raw latex, secondary industry manufactures tires, auxiliaries to trade store and insure stock, and retail trade distributes finished goods to final consumers.
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Anahtar Kavram
Inter-relationship Between Industry, Commerce, and Occupation in the Chain of Production