Venezuelan Manufacturing and Industrial Sectors Defined
Manufacturing: Production Phase Details
Manufacturing: The production phase is intermediate between the artisanal and mechanized stages. It is characterized by a low division of labor, home-based work, and the introduction of socialization in the production process.
This represents the set of economic activities for the transformation of raw or semi-processed materials into products through a mechanical process involving division of labor and specialization.
Types of Industry in Venezuela:
- Industry: This is the application responsible for the technical work, capital, and organization of production processes and distribution of goods.
- Light Industries: These produce goods or articles for consumption or use, such as textiles, food, and pharmaceutical