Natural resources,such as iron ore used in producing finished goods,are classified as
A)accessory equipment.
B)supplies.
C)raw materials.
D)component parts and materials.

Question

Quizplus · Accepted Answer

Natural resources like iron ore, which are used in the production of finished goods, are classified as raw materials. These are the basic substances extracted from the earth and used in the initial stages of the production process.

Natural Resources,such as Iron Ore Used in Producing Finished Goods,are