Manufacturing is the use of
gear and struggle to make things for exploit or sale. The
term may refer to a range of individual action, from handicraft
to high tech, but is most commonly applied to industrialized
production, in which raw materials are transformed into finished
goods on a large scale.
Manufacturing takes place under
every type of economic systems. In a free market economy,
manufacturing is usually heading for toward the mass production
of crop for sale to consumers at a profit. In a collectivist
economy, manufacturing is more frequently directed by the
state to supply a centrally planned economy. In free market
economies, manufacturing occurs under some degree of government
Modern manufacturing includes
all intermediary processes required for the production and
integration of a product's components. Some industries, such
as semiconductor and steel manufacturers use the term fabrication
instead. The manufacturing sector is closely connected with
engineering and industrial design.
History of the Manufacturing:
In its earliest form, manufacturing
was usually carried out by a single skilled artisan with assistants.
Training was by apprenticeship. In much of the pre-industrial
world the guild system protected the privileges and trade
secrets of urban artisans.
Economy of the Manufacturing:
According to some economists,
manufacturing is a wealth-producing sector of an economy,
whereas a service sector tends to be wealth-consuming. Emerging
technologies have provided some new growth in advanced manufacturing
employment opportunities in the Manufacturing Belt in the
United States. Manufacturing provides important material support
for national infrastructure and for national defense.
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