Raw materials are the building blocks for innovation and technological advancement. From the silicon in computer chips to the rare earth metals in smartphones, raw materials enable the development of cutting-edge technologies that shape our modern world. Raw materials are the unprocessed resources extracted or harvested from nature, used to produce goods and services. Learn about different types of raw materials, such as plant, animal, and mining-based, and their role in various industries and sectors. Discover how raw materials drive manufacturing, their role in accounting, and the differences between direct and indirect use in production. What is Raw Material ? A detailed guide includes Definition, Formla, Types and Importance of raw meterials.
