Is there a separate technical term for professions that produce an end product and professions that produce a raw material?
For example (let's simplify things):
- A miner produces copper. Copper cannot be used just like that – it needs to be processed, first.
- A guy who makes cables uses the copper from the miner to make a copper cable. The cable is now an end product that you can use right away.
Is there a technical term for the type of profession the miner and the cable guy have that illustrates one makes raw material and the other a finished product?
Best Answer
They're known as [the] extractive and manufacturing industries.
From the BusinessDictionary
And from Nasa.gov: