Chapter 1, Problem 4DQ

Summary Introduction

Interpretation: Factors need to be determined which can explain the impact of the manufacturing sector in the U.S. economy in the future.

Concept Introduction: Manufacturing involves the conversion of raw materials into finished goods by using various resources such as human labor, machinery, tools, etc. Manufacturing is a value-adding process which can accelerate the growth of all parties involves such as human resource, organization, country’s economy.