Raw Materials

Raw materials are natural resources used in creating new products, ranging from trees and bamboo to metals and minerals, commonly in business manufacturing. Their Raw materials are the basic natural resources or primary substances used in the production of goods and manufacturing of finished products. They include items such as trees, bamboo, metals, and minerals, which serve as the foundation for creating new materials and products. The use of raw materials offers several advantages, including cost-effectiveness, global availability for sourcing, and renewability, as many natural resources can be replenished over time through sustainable practices.

Example: Wood obtained from trees is a raw material used in the production of furniture, paper, and building materials. advantages include cost-effectiveness, global availability for sourcing, and renewability, allowing replenishment over time.