Industrial production

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Industrial production is the creation of a product, or provision of a service, in a business or industry. It is not limited to something such as making a cheeseburger; it could be anything like the capture of wild foxes for their fur or the operation of a railway service. Alternatively, it can be seen as the transformation of raw materials into products human beings find useful.[1]

© Image: John McStravick
Industrial production could be anything from making beer...
(CC) Photo: Clinton & Charles Robertson
...to providing a train service.


References

  1. ↑ Business Dictionary
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