< HKDSE Geography < M3 
 
        
      Inputs
Inputs of a manufacturing system are diverse. (Here, the economic classification of 'land, labour, capital, entrepreneurship' is used.)
- Land
 - Raw materials
 - Power
 
- Labour supply (skilled? unskilled?)
 
- Fixed capital
 - Working capital
 
- Venture capital
 - Management
 
- Technology
 - Government policies/Institutional factors
 - Markets
 
Processes
For manufacturing system, the main processes are:
- Processing - making raw materials ready, e.g. iron and steel making, aluminium smelting industry
 - Fabrication - making final goods directly from raw materials
 - Assembly - making final goods from intermediate goods
 
Output
The outputs include:
- Useful outputs: Finished products, which are sold in the market for money.
 - Useless outputs, such as solid waste, polluted air, etc.
 
Money is used to buy more inputs. This results in a positive feedback loop.
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