Raw materials example sentences

High inflation rates generally result in constraints on business enterprises as they increase the various costs of business such as the purchase of raw materials or machinery and payment of wages and salaries to employees.Note that 'investment goods' (such as machines) are also part of the final goods – they are not intermediate goods like raw materials.Colonies such as India exported raw materials and food stuff and imported finished goods.In India, iron and steel industry has developed taking advantage of raw materials, cheap labour, transport and market.Agro based industries use plant and animal based products as their raw materials.How shall we treat these stocks which a firm may intentionally or unintentionally carry with itself? Also, let us remember that a firm buys raw materials from other firms.iron and steel industry was located where raw materials, power supply and running water were easily available.Extractive industries supply some basic raw materials that are mostly products of the soil.They turn out diverse finished products, that we consume, through the conversion of raw materials or partly finished materials in their manufacturing operations.In another situation, the shortage of raw materials in the market may shoot up its price.Crops also supply raw materials for agro based industries.Raw materials and money in hand are called working capital.It is one of the main raw materials for the cotton textile industry.Marine based industries use products from the sea and oceans as raw materials.As cost of raw materials cannot be reduced, exporters try to cut labour costs.